First Friday Feedback: March 2018

On this month’s First Friday Feedback, Phil and Executive VP and Director of Retirement Plan Services, Larry Divers, answer questions regarding the ethical standards and expectations in the industry today. The Fiduciary Rule raised the bar for firms, demanding that the client’s best interest be understood and represented; however, not everyone chooses to follow this rule. What implications does this have and how do we tackle situations where we become aware of poor practice?

Resources:

Please send comments, questions, and feedback to: [email protected]

Please send First Friday Feedback submissions to: [email protected]

 “State Regulator Galvin Is Putting Teeth in DOL Fiduciary Rule” (Scottrade case mentioned by Larry Divers): https://goo.gl/mvTfUJ