Dol Fiduciary Rule 2025. A dol fact sheet covering the proposed rules outlines the dol’s primary goal for a “new definition of an investment advice fiduciary to better protect retirement investors who. The department of labor (dol) finalized regulations that change the longstanding fiduciary determination to broaden who classifies as a fiduciary under the employee retirement income security act of 1974, as amended.
Like previous attempts, the rule will redefine the definition of fiduciary under erisa. Meet impartial conduct standards & acknowledge fiduciary status beginning september 23, 2024, those who meet the dol’s new definition of a.