The new ERISA Conflict of Interest rule specifically targets IRA rollovers from retirement plans.

The rule makes the recommendation of a distribution of a plan participant’s money to an IRA (a rollover) a fiduciary act. The potential impact requires proper planning by retirement plan fiduciary committees.

A description of the IRA rollover challenge presented to CFOs and human resources by the Conflict of Interest rule, and tips on how to meet the challenge, are covered in this podcast.