Access the latest news, analysis and trends impacting your business.
Explore our insights by topic:
Additional Broadridge resources:
View our Contact Us page for additional information.
Additional Broadridge resource:
Your submission has been received. We will contact you soon.
One of our sales representatives will email you about your submission.
Your sales rep submission has been received. One of our sales representatives will contact you soon.
Your submission has been received. One of our customer service representatives will contact you soon.
Not since the enactment of ERISA has an issue generated as much interest as the Department of Labor’s (DOL’s) proposed conflict of interest regulations. On April 6, 2016, the DOL announced new regulations that would expand the definition of ERISA fiduciary investment advice and apply a “best interests” standard to a broader range of investment services, including retirement investment advice and certain IRA rollover recommendations.
Throughout the extensive comment period and hearings, multiple stakeholders have weighed in—broker-dealers, investment providers, advisers, members of Congress, plan sponsors and participant advocacy groups—voicing their criticism or support. Thousands of pages of hearing transcripts, written comments to the DOL, and commentary in both industry publications and the mainstream media document the intense debate. The following are important considerations regarding the DOL’s conflict of interest regulations and how they could impact business models and relationships.