Compliance with Shifting Regulation Requires Flexible Technology
Are you Ready for the Department of Labor's Fiduciary Rule?
The Department of Labor's Fiduciary Rule will have a far reaching impact on thousands of brokerage, advisory, and insurance firms that advise on retirement accounts, requiring such firms to adjust their operations and procedures in order to comply. The rule mandates that all financial advisers will be required to recommend what is in the best interests of clients when they offer guidance on 401(k) plan assets, individual retirement accounts or other qualified monies saved for retirement. How will you shift your technology strategy to comply?