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With the DOL fiduciary rule, retirement plan advisors must take precautions to protect themselves -- here are some considerations. (Photo: AP)

Advisors to defined contribution plans are carrying more liability than brokers and advisors in the retail space during the transition period for the Labor Department’s fiduciary rule, according to analysts at Broadridge Financial Solutions, which provides communication services for 21 of the 25 largest plan record-keepers.

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.

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