The final rule reflects the DOL's acknowledgment of the comments it received from many plan sponsors, plan service providers and industry groups that investment education is a crucial element in helping individuals achieve financial security in retirement. By preserving a “safe zone” around general education efforts, the rule allows plan sponsors and service providers to continue to provide education to help plan participants make appropriate decisions without regard to retirement investing. However, it is the responsibility of plan sponsors and providers alike to understand where the line has been drawn between investment education that does not constitute advice and investment information that may cause them to be deemed fiduciaries. Understanding where that line is drawn begins with a review of what constitutes “investment advice” under the final rule and what does not.view more white papers
By downloading a white paper, you are agreeing to have your contact information shared with the content sponsor, who may then contact you.
All white papers posted were created by the listed authors who are solely responsible for the research, finding and all materials contained therein. Pensions & Investments has not verified or edited the materials (other than for length and style) and does not necessarily agree or disagree with the analysis and positions expressed by the authors. Reference to any company, product or service does not imply recommendation or sponsorship by Pensions & Investments.
For more information on submitting a white paper, please contact Richard Scanlon at email@example.com or 212-210-0157.