There has been a large amount of upheaval in the retirement world as of late and it centers around the "F" word. And by "f" word, I mean "fiduciary." The New Fiduciary Rule means that many professionals in the finance world that weren't previously considered fiduciaries will now have to take on that title. So, why is that such a bad thing? Well, it's not per se, but the implications of how this may change the way the retirement financial business and its institutions function may have many cursing its name for a myriad of reasons. But before we get too bent out of shape, let's break it down and see what we're truly looking at.
Evan Rapp2018-02-01T15:13:33-05:00September 19th, 2017|Categories: Newsletters/Bulletins|Tags: Department of Labor, ERISA, Fiduciary Rule, Retirement Plans, New Fiduciary Rule, Best Interest Rule, Financial Advisors, Investment Advice Fiduciary, Health Savings Accounts, HSAs|Comments Off on Fiduciary – The New “F” Word (September 2017)