TITLE

DOL fiduciary opinion should help protect employees from some breeds of financial planning sharks

AUTHOR(S)
Whiddon, Robert L.
PUB. DATE
April 2006
SOURCE
Employee Benefit News;Apr2006, Vol. 20 Issue 5, p51
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the advisory opinion of the U.S. Department of Labor which would help employers protect their retirement plan participants from financial planners in the U.S. Responsibility of the government agency to direct plan assets; Confirmation from Certified Financial Planners Board of Standards chairman Barton Francis on the similarity of financial planners in character; Prohibition of fiduciary transactions subjected to self-dealing rules.
ACCESSION #
20501358

 

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