While industry associations have been active in arguing both for and against the Department of Labor's proposed fiduciary rule, one survey set out to gauge stakeholders directly on specific provisions of the proposed rule and their consequence on product and service distribution.
DST kasina, which provides data services to the asset management industry, and has a defined contribution service provider arm, surveyed a pool of about 100 RIAs, service providers, third-party administrators, and asset managers on how they see the rule's primary proposals affecting the retirement industry.
About 65 percent expect the rule's overall impact to be "medium" to "high"—the rest said the rule's impact will be low, if any at all.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
