Sign up to save your podcasts
Or
Share Season 3, Episode 15: A New Fiduciary Proposal
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Season 3, Episode 15: A New Fiduciary Proposal
On October 31, the Biden Administration rolled out its long-anticipated update to the fiduciary rule. While
it’s got a new name (the Retirement Security Rule), it builds on and extends the Labor Department’s reach by both focusing on the needs and perceptions of the retirement investor and eliminating the “regular basis” aspect of the so-called five-part test that has long
been an integral component of what was considered to define an ERISA fiduciary.
In the latest episode Nevin (Adams) and Fred (Reish) consider the historical framework of the ERISA fiduciary definition, how the proposed rule would alter that, and what obstacles lie between that proposal and its ultimate adoption.
EXCLUSIVE Interview on the DOL’s Retirement Security Rule with EBSA’s Tim Hauser
https://www.napa-net.org/news-info/daily-news/exclusive-interview-dol%E2%80%99s-retirement-security-rule-ebsa%E2%80%99s-tim-hauser
Breaking: Biden Administration Previews Fiduciary Rule Rollout
https://www.napa-net.org/news-info/daily-news/breaking-biden-administration-previews-fiduciary-rule-rollout
Fred Reish’s blog posts on different aspects of the DOL proposal:
https://fredreish.com/category/fiduciary/
Links to the proposed guidance, as well as the proposed PTE amendments are below:
Proposed
Retirement Security Rule
Proposed
Amendment to PTE 2020–02
Proposed
Amendment to PTE 84–24
Proposed
Amendment to PTEs 75–1, 77–4, 80–83, 83–1, and 86–128
View all episodes
By Nevin Adams
4.9
1717 ratings
On October 31, the Biden Administration rolled out its long-anticipated update to the fiduciary rule. While
it’s got a new name (the Retirement Security Rule), it builds on and extends the Labor Department’s reach by both focusing on the needs and perceptions of the retirement investor and eliminating the “regular basis” aspect of the so-called five-part test that has long
been an integral component of what was considered to define an ERISA fiduciary.
In the latest episode Nevin (Adams) and Fred (Reish) consider the historical framework of the ERISA fiduciary definition, how the proposed rule would alter that, and what obstacles lie between that proposal and its ultimate adoption.
EXCLUSIVE Interview on the DOL’s Retirement Security Rule with EBSA’s Tim Hauser
https://www.napa-net.org/news-info/daily-news/exclusive-interview-dol%E2%80%99s-retirement-security-rule-ebsa%E2%80%99s-tim-hauser
Breaking: Biden Administration Previews Fiduciary Rule Rollout
https://www.napa-net.org/news-info/daily-news/breaking-biden-administration-previews-fiduciary-rule-rollout
Fred Reish’s blog posts on different aspects of the DOL proposal:
https://fredreish.com/category/fiduciary/
Links to the proposed guidance, as well as the proposed PTE amendments are below:
Proposed
Retirement Security Rule
Proposed
Amendment to PTE 2020–02
Proposed
Amendment to PTE 84–24
Proposed
Amendment to PTEs 75–1, 77–4, 80–83, 83–1, and 86–128
More shows like Nevin & Fred
View all
Revisionist History
59,030 Listeners
Capital Ideas Podcast
277 Listeners
The Perfect RIA
457 Listeners
The Bid
249 Listeners
The Compound and Friends
2,075 Listeners
The Long View
884 Listeners
The Journal.
5,948 Listeners
Retireholics
12 Listeners
All-In with Chamath, Jason, Sacks & Friedberg
9,303 Listeners
401(k) Specialist Podcast
23 Listeners
The 401(k) Marketing Podcast
3 Listeners
On The Tape with Danny Moses
156 Listeners
The Markets
69 Listeners
Be More Than A Fiduciary
21 Listeners
The Gap
4 Listeners