The Importance of an Investment Advisor

Click here to see comments to Congress by The American Society of Pension Professionals and Actuaries (ASPPA), the Council of Independent 401(k) Recordkeepers (CIKR), and the National Association of Independent Retirement Plan Advisors (NAIRPA).

They asked the Department of Labor to withdraw the Class Exemption of the final, DOL investment advice regulation and encouraged Congress to consider legislation that encourages nonconflicted and independent investment advice to plans and participants.