On April 6, buy viagra 2016, the U.S. Department of Labor (DOL) issued a final rule addressing conflicts of interest in retirement advice. The new rule requires those who provide retirement investment advice to abide by a fiduciary standard and put their clients’ best interest before their own profits. The rule also prohibits fiduciaries to plans, plan participants, and individual retirement account (IRA) owners from receiving payments creating conflicts of interest unless they comply with conditions designed to minimize the potential effects of a conflict.
Department of Labor Finalizes Rule to Address Conflicts of Interest in Retirement Advice
Posted on April 28, 2016
