NAPA’s deep reservations about DOL’s broker rules
March 23, 2015 by Allen Greenberg
SAN DIEGO – The National Association of Plan Advisors made something really clear Sunday: it has always embraced and will continue to support any government regulation that puts plan participants’ best interests first. Period.
That, however, doesn’t mean NAPA is whole-heartedly supporting the Department of Labor’s efforts to push forward with plans to impose the fiduciary standard on broker-dealers and anyone else in the financial services industry hoping to make money in the retirement plan business. Click here to read…