With the effective date of the fee disclosure rule just six months away and the fiduciary definition regulation likely not far behind, many in the financial industry are scrambling to adjust to the new standards and figure out exactly what the regulations mean for them.

Broker-dealers are preparing disclosure statements, plan sponsors are aligning with their financial advisors to sort through those disclosures, and plan providers are partnering with fiduciaries so they can continue to sell the same products they always have.

But will everyone be ready in time?

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