Competition in smaller retirement plan market heats up

Thanks to the Department of Labors finalized fiduciary rule, providers continue to offer new products for the small and midsize retirement plan market. Here are 2 provider solutions.

By Marlene Y. Satter | Updated on June 03, 2016

In the wake of the Department of Labor’s finalized fiduciary rule, providers continue to position product and platform offering to address the small and midsize plan market.

The new rule will require all brokers and advisors servicing 401(k) plans with less than $50 million in assets to act as fiduciaries, impacting how thousands of defined contribution plans are serviced across the country.

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