Demand for how to meet the DOL fiduciary rule requirements has jumped in the three weeks following implementation. (More: Most advisers could be doing a lot more with tech) The Department of Labor is expected to issue a final version of its proposed fiduciary rule, which would require financial advisers and other fiduciaries who offer retirement plans or investment advice to act in their clients’ However, the Labour Department delayed it until June, and currently some of the ruling is still under review.
Demand for how to meet the DOL fiduciary rule requirements has jumped in the three weeks following implementation. The Department of Labor is expected to issue a final version of its proposed fiduciary rule, which would require financial advisers and other fiduciaries who offer retirement plans or investment advice to act in their clients’ However, the Labour Department delayed it until June, and currently some of the ruling is still under review.