Updated Saturday, October 25, 2014 as of 12:49 PM ET

Understanding Fiduciary Protection From Retirement Providers

On October 22, 2010 the U.S. Department of Labor proposed to broadly amend the definition of fiduciary under ERISA as a person who provides investment advice to plans for a fee or other compensation. The rule has generated a lot of controversy, and the DOL has delayed the redraft of it until at least January 2015.

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