What is the DOL Fiduciary Rule, and Why Should You Care?

Fiduciary [fi-doo-shee-er-ee]: A person to whom property or power is entrusted for the benefit of another. Much has been written recently about the Department of Labor (DOL) and its long-awaited fiduciary rule, formally known as “Definition of the Term ‘Fiduciary’; Conflict of Interest Rule—Retirement Investment Advice.” Released in April 2016, this 1,023 page whopper of a […]