Kent Mason opened his testimony at the public hearing for the Department of Labor’s proposed fiduciary rule saying the Department has the opportunity to “do a lot of good.”
He then summarily said that no financial service institution he has spoken with is willing to provide retirement services under the rule as it is proposed.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
