Skip to content

DOL Fiduciary News: July 27, 2016

Please Note:

These links will take you directly to the homepage of the website that features the article.

To reach the article directly, copy and paste the article title into the search feature on the homepage of the publication website.


DOL fiduciary rule's 'grandfathering' exemption may be lost by changing firms

InvestmentNews; July 26, 2016 @ 1:50 pm

Advisers banking on “grandfathering” pre-existing investments in retirement accounts under the Labor Department's fiduciary rule may not be able to rely on the provision indefinitely.

As it turns out, industry executives and regulatory experts believe advisers switching firms could lose the grandfathering privilege upon switching firms, leading to a potential stymying effect on adviser recruitment and moves
(http://www.investmentnews.com/)

Did you accomplish the goal of your visit to our site?

Yes No

© 2024, LL Global, Inc. Unauthorized use, reproduction, or reprinting of this material (or any portion thereof) for any purpose without express written permission from LL Global (LIMRA and LOMA) is strictly prohibited, including, without limitation, use with any current or future form of an Artificial Intelligence tool or engine.