DOL

Washington Update: Slow-Moving Fiduciary Rule Partially Delayed
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
Over the past decade, we’ve heard rumors of a new definition of “fiduciary” and saw the Department of Labor (DOL) issue proposed regulations, then withdraw those regulations, collect comments, reissue a new set of proposed regulations, and issue final regulations. President Trump called for examination of the final regulations, the effective date of the final  Read More →
DOL Update: A New Definition of Fiduciary
Team SummitOur NewsComments are off for this post
In 2016, the Department of Labor (DOL) finalized regulations updating, and expanding, the definition of “fiduciary” in regards to the provision of investment advice. Originally these regulations were set to become applicable in April of this year. However, the current administration wanted to delay the applicable date to allow the DOL to fully examine the  Read More →

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