Monday
question: What was the Labor Department's announcement that they would be working to solve problems with managers of retirement savings accounts?, context: The Labor Department said on Monday that it would try to do something about that last problem. It has set to work on rules that would assign a “fiduciary duty” to investment managers who handle retirement savings accounts. That means that they would need to put their clients in suitable investment products, and could be sued if they didn’t.
What was the Labor Department's announcement that they would be working to solve problems with managers of retirement savings accounts?
The Labor Department said on Monday that it would try to do something about that last problem.
The Labor Department said on Monday that it would try to do something about that last problem. It has set to work on rules that would assign a “fiduciary duty” to investment managers who handle retirement savings accounts. That means that they would need to put their clients in suitable investment products, and could be sued if they didn’t.
The Labor Department said on <hl> Monday <hl> that it would try to do something about that last problem.
The Labor Department said on <hl> Monday <hl> that it would try to do something about that last problem. It has set to work on rules that would assign a “fiduciary duty” to investment managers who handle retirement savings accounts. That means that they would need to put their clients in suitable investment products, and could be sued if they didn’t.
<hl> The Labor Department said on Monday that it would try to do something about that last problem. <hl> It has set to work on rules that would assign a “fiduciary duty” to investment managers who handle retirement savings accounts. That means that they would need to put their clients in suitable investment products, and could be sued if they didn’t.