By Lance Schoening via Iris.xyz
By now, I hope you understand how the DOL fiduciary regulatory package has changed the activities that make you a fiduciary under the Employer Retirement Security Income Act (ERISA).
But what does that really mean for you and your practice?
For starters, you’ll want to understand what activities in the new world are considered fiduciary in nature. You’ll then want to know how you get paid for your services when you’re a fiduciary. This short video below sums it up pretty well.