On July 21, 2016, the Financial Planning Coalition – comprised of CFP Board, FPA and NAPFA – hosted a webinar to discuss the practical implications of the Department of Labor’s new rule amending the definition of “fiduciary investment advice” under ERISA.
In this recorded webinar, ERISA expert Tom Clark, Of Counsel at the Wagner Group, provides a brief review of the DOL rule and address the most frequent recurring questions the Coalition has received from stakeholders, including:
- The application of the Best Interest Contract Exemption,
- A discussion of how firms and advisors are reacting to the rule, and
- Things that advisors and firms need to do to begin the process of complying with the rule.
Please click here to view the webinar questions and answers.