Podcast
May 13, 2024
Fred Reish Breaks Down DOLs New Fiduciary Rule in 401K Specialist Podcast
Benefits and executive compensation partner Fred Reish shared insights on the Department of Labor’s (DOL) new fiduciary rule on the latest episode of the 401(k) Specialist podcast. The rule, which becomes effective in September, redefines financial and legal advice as fiduciary in nature, ensuring that the client’s best interests are prioritized.
In this episode, Reish discusses how the new rule changes how advisors will work with clients in attaining their investment goals, its impacts on the industry and additional requirements set to be released by the DOL in 2025.