Beware of fiduciary missteps when making 401(k) rollover recommendations
Making 401(k) rollover recommendations can be a tricky endeavor for advisors. There are certain steps they must follow to ensure they’re fulfilling their fiduciary duties. Processing Content CFPs should encourage individuals considering rollovers to get financial advice, not just general education, according to a new Guide to Applying the Fiduciary Duty to Rollovers, issued by…