Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10011500055
Americans now hold trillions of dollars in individual retirement savings accounts, raising concerns about conflicts of interest among financial advisers who provide advice to retirement savers. Prompted by these concerns, in April 2016 the Department of Labor promulgated a rule that imposes on...
Persistent link: https://www.econbiz.de/10012989083
This article calls attention to the Department of Labor's imposition of the “prudent investor rule” on financial advisers to retirement savers. The article also canvasses the customary role of an investment policy statement in promoting compliance with the prudent investor rule by...
Persistent link: https://www.econbiz.de/10011578647