The ERISA marketplace is complex, with a plethora of different sorts of arrangements which will be affected in a variety of different ways by the new Fiduciary Prohibited Transaction Exemption. In general, however, I would be little surprised if it ending up being that not many parties will have the need to take advantage of this new exemption.
Continue Reading The DOL’s Fiduciary Rule Prohibited Transaction Exemption May Only Be Needed In Limited Plan Circumstances