Coming Soon: Broader Definition of Fiduciary Under ERISA
December 28, 2009 | ERISA, Fiduciary Liability, Health Care Legislation | No CommentsWorried the current regulation may limit investment advice, Labor Department hopes to amend definition by June
by Jessica Toonkel Marquez, Investment News www.investmentnews.com
The Labor Department is planning to expand its definition of fiduciary under ERISA — a move that would have implications for all financial advisers that work on retirement plans. Read more