The DOL’s Fiduciary Rule: How Prepared Are You?
In this two-hour live webcast, a panel of distinguished professionals and thought leaders organized by The Knowledge Group will provide the audience with a comprehensive overview of DOL's Fiduciary Rule. Speakers will also provide an in-depth discussion of the rule's critical elements and potential implications on companies and will share practical tips on how to ensure compliance with applicable laws.
In April 2016, the Department of Labor (DOL) has released its long-awaited final fiduciary rule which expands the “investment advice fiduciary” definition under the Employee Retirement Income Security Act of 1974 (ERISA). The rule requires retirement advisors to prioritize the best interest of their clients and provide greater transparency for investors. Given the wide-ranging implications of this rule, it is imperative for financial advisors, broker dealers and insurance agents to review their compensation systems and implement the changes and requirements set forth in the final rule.
Some of the major topics that will be covered in this course are:
- DOL Final Fiduciary Rule – An Overview
- Exemptions and Regulatory Changes
- Significant Requirements and Legal Challenges
- Risks and Implications
- Possible Implementation Issues
- Best Compliance Practices