Look For A New Fiduciary Rule In The Spring, Analysts Say

November 23, 2021 by John Hilton

The Department of Labor is realistically likely to deliver a new fiduciary rule in the spring, a pair of industry analysts said last week.

Officially, the Employee Benefits Security Administration plans to issue the new fiduciary rule by next month, according to DOL’s regulatory agenda. But nobody expects that to happen, said Bradford P. Campbell, partner at Faegre Drinker Biddle & Reath.

“I think probably it’s more like the spring,” Campbell said.

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Originally Posted at InsuranceNewsNet on November 22, 2021 by John Hilton.