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Speakers encourage fiduciary role for advice on DC lump sums, IRA rollovers

Outlet: 
Pensions & Investments
Date Published: 
Wednesday, August 12, 2015

People giving advice to defined contribution plan participants about lump-sum distributions and rollovers to individual retirement accounts should be covered by a new fiduciary standard, several speakers said Wednesday at a Department of Labor hearing on the proposed rule.

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