Super Session 7: The DOL Rule and the Retirement Landscape

Monday, May 1, 2017 -
11:15am to 12:30pm

Session type:

The Department of Labor’s fiduciary regulation and the related prohibited transaction exemptions for investment advice to retirement plans and individual retirement accounts have been delayed to June 9, 2017, and may be further delayed and, possibly, modified.  This program discusses the new requirements that apply to investment managers and the likely consequences for direct investment management of those qualified assets, as well as the possible impact on the cost and compensation structure of mutual funds. While the new rules will impose some burdens on direct investment management, but virtually no direct requirements on mutual funds, they will significantly impact the distributors of those services and investments.  In turn, those distributions (for example, broker-dealers and RIA firms) will need services and investments that are properly structured to support the requirements imposed on those intermediaries.