Billing it as the first of its kind, the National Association of Plan Advisors rolled out a new fiduciary credential at the organization's 401(k) Summit in San Diego this week.
The Certified Plan Fiduciary Advisor credential can be earned by passing a 75-question exam, administered over three hours and covering ERISA plan and investment management issues.
The exam, among other items, covers ERISA's rules relative to plan fiduciaries and disclosure requirements.
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