The financial services industry has watched closely as the fiduciary standard has moved closer to becoming a reality.

The most recent of these shifts is the DOL’s rule change announced in early April that expands the definition of investment advice and broadens the scope of advisors who may act as a fiduciary.

This white paper, based on a survey of retirement plan specialists who read WealthManagement.com and are involved in the sale and servicing of retirement plans, helps clarify the roles and responsibilities of plan advisors—and offers a roadmap to preparing for change.