In the News

Title

Caution Urged in Wake of DOL Rule Reprieve

Document Type

Article

Publication Date

2-3-2017

Abstract

Key insurance distributors counseled agents and financial advisors to proceed with caution in the wake of President Donald J. Trump’s suspension of a fiduciary advice rule for retirement investors.

The Department of Labor rule, which raises investment advice standards into retirement accounts, was scheduled to begin taking effect April 10.