The service providers that will ultimately deliveradvisors the tools needed to complywith the Department of Labor’s fiduciary ruleare asking for more clarification, according to a survey from theSPARK Institute.

The trade group’s survey asked retirement plan service providersabout possible changes to their business practices to comply withthe new fiduciary regulatory structure.

Responses were mixed; while 14 percent of respondent firmsindicated that they would become fiduciaries for the first timeunder the new regulations, 23 percent said they would continue tobe a fiduciary and 30 percent said they planned to continue under anonfiduciary status.

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