Two executives focused on institutional retirement business at
Merrill Lynch sit down for a fiduciary chat, offering inside views of one major
advisory firm’s approach to navigating regulatory uncertainty.
Leadership at both the DOL and SEC have signaled a willingness to work together to find complementary approaches to managing advisers’ conflicts of interest—but it will be a heavy lift to accomplish a uniform standard.
The firm describes its latest release as a consolidated
proposal system created for financial advisers to help clients make informed
decisions on possible rollover options, designed with their best interests in
Presented here are the results of several dozen live polling questions fielded at the 2017 PLANADVISER National Conference, gathered during three days of highly detailed discussion of industry trends, challenges and best practices.
The definition of the “fiduciary duty” has dominated
headlines and discussions for years in the retirement plan industry—and for
good reason—but among plan sponsors, the topic remains poorly understood.