| Advisers Already Moving to Overcome DOL Fiduciary Rule Challenges |
| “This is hardly the first time regulation will change the way advisers get paid and disclose important information to clients,” one industry executive observes, “so in that respect I am confident firms will be able to make it work under the new rule.”
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| Fiduciary Outsourcing Amid Regulatory Upheaval |
| While some in the investment management and retirement planning industries have fought back against the Department of Labor’s work to strengthen the definition of a fiduciary, just as many believe it could actually put retirement plan advisers, particularly those who offer fiduciary services, in a stronger position.
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| ABC Requests Meeting With IRS About New Mortality Assumptions |
| The American Benefits Council recently sent a letter to the Internal Revenue Service requesting a meeting to discuss allowing for more time before the new mortality assumptions used in defined benefit plans go into effect.
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| ESOP Fiduciaries Don't Escape Liability for Mispriced Stock Purchases |
| An appellate court agreed with a lower court that the fiduciaries failed to act in participants’ best interest and to monitor providers.
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