The regulator also plans to continue monitoring suitability of investment recommendations, with a focus on individual retirement account rollover recommendations to participants in employer - sponsored plans. (financialadvisoriq.com)
None of our clients use a stock broker and insurance agent — which means they aren't affected by the rule at all unless their plan's financial advisor gives rollover recommendations in addition to investment advice. (employeefiduciary.com)
To make impartial rollover recommendations, financial advisors must consider the fees, services and investments of both the participant's 401 (k) plan and IRA. (employeefiduciary.com)