Sentences with phrase «impartial rollover recommendations»
To make impartial rollover recommendations, financial advisors must consider the fees, services and investments of both the participant's 401 (k) plan and IRA.
https://www.employeefiduciary.com/ Not exact matches
Advisers who presently are fiduciaries may be especially likely to fully satisfy the PTEs» Impartial Conduct Standards before January 1, 2018, in the ERISA - plan context, because advisers who make recommendations to plans and plan participants regarding plan assets, including recommendations on rollovers or distributions of plan assets, are already subject to standards of prudence and loyalty under ERISA and a violation of the Impartial Conduct Standards would be subject to claims for civil liability under ERISA.