DOL fiduciary rule will nudge 401(k) advisers to zero-revenue-share fund lineups
Such a strategy would aim at levelizing compensation, thereby dodging additional compliance requirements and litigation risk.
Retirement plan advisers are likely to use 401(k) investment funds that unbundle revenue-sharing payments from their cost because of the new Department of Labor fiduciary rule.
The DOL rule exposes advisers receiving variable compensation, such as 12b-1 fees and commissions, to greater compliance r
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