401(k) Fridays Podcast

We last spoke with my guest Fred Reish, ERISA Attorney and Partner at Drinker Biddle in the immediate aftermath of the demise of the DOL Fiduciary Rule.  Today, we catch-up on what has happened since and what implications they have for employers, their employees and retirement service providers.  Without stealing too much of Fred’s thunder, we start with why this conversation and regulations exists, what has changed in concept and with new and newish players entering the fray like the SEC and several states.  We also put a finer point to some concepts that sound the same but have different meanings like conflict of interest & prohibited transaction or fiduciary & best interest.  Also Fred is pretty candid about what he thinks the result of these regulations will be and for my closing question, I get him to wax a little philosophical.   As a reminder, check out the website for todays episode at 401kfridays.com/reish2019 for a full transcript, links to Fred’s blog and other information he puts out as we