Best Interest Standard of Care for Advisors #89: Rollovers and the Information That Is Needed About the Participant
Key Takeaways The DOL’s expanded definition of fiduciary advice was described in the preamble to PTE 2020-02. The PTE then provides relief for conflicted non-discretionary recommendations (for example, rollover recommendations), if its conditions are satisfied One of the conditions for relief is that a recommendation be in the best interest of a retirement investor (e.g., […]
Most Popular Insights for the First Quarter 2022
Each calendar quarter, I post approximately 12 articles on my blog, fredreish.com. This quarterly digest provides links to the most popular posts during the past three months so that you can catch up on what you missed or re-read them. Best Interest Standard of Care for Advisors #84: Compliance with PTE 2020-02: Special Issues: Monitoring […]