Much as been said speculated about and is still unknown regarding the DOL’s Proposal and it’s impact on the industry. I am linking to a few good articles that I have found add valuable commentary to the changes we can expect to see in the industry, and perhaps even to the DOL’s proposal itself.
An outline of the DOL Proposal:
And another from the US Chamber of Commerce:
Ron Rhoades: Scholarly Financial Planner
Comments from Mercer Bullard, a University of Mississippi Law professor:
DOL’s Proposal Affecting Rollover from 401k to IRA:
And Comments from Fiduciary News voicing their displeasure with the Proposal not going far enough:
And lastly, on the Solutions front comments from Michael Kitces on ever-changing compensation options: