DOL Fiduciary Rules

aba_pab_sept16_article_images_rdcr_6As you may know, the U.S. Department of Labor (DOL) issued final regulations in 2016 to expand the definition of “fiduciary” under the Employee Retirement Income Security Act of 1974 (ERISA). The Program is in the process of evaluating these regulations and any potential impact on Program plans and will communicate our findings once the review is completed.

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