2020 Fiduciary Year in Review and A Look Ahead
Blaine Aikin, AIFA®, CFP®, CFA, Fiduciary Subject Matter Expert
Duane Thompson, AIFA®, Senior Policy Analyst
December 10, 2020
Investment fiduciaries have grown accustomed to dramatic changes in regulation and new, quasi-fiduciary rules put into effect for investment advice by the SEC and state insurance commissioners. The SEC has opened private equity to thousands of new investors by broadening the definition of an accredited investor, as well as the DOL for defined contribution plans. The DOL also clamped down on ESG investment options in retirement plans. Some states, like Massachusetts, New Jersey and Nevada have reacted by adopting their own fiduciary standard for broker advice. With forthcoming changes in Washington, what should we expect next? On this webinar, fiduciary subject matter expert Blaine Aikin, AIFA®, CFA, CFP® and Fi360 senior policy analyst Duane Thompson, AIFA® look at where things stand today and what to expect as we enter 2021.