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Reconciling rollover advice with Reg BI and DOL fiduciary standard
By Robert Bloink and William H. ByrnesAdvisors who provide rollover advice must exercise caution to ensure compliance with both regimes.
Retirement plan rules, regulations and announcements from the DOL, the IRS, and the SEC help advisors stay in compliance and keep their plan sponsors in compliance. Problems with compliance can lead to litigation, but our news and analysis can help you successfully navigate government's often confusing regulations.
Advisors who provide rollover advice must exercise caution to ensure compliance with both regimes.