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Fidelity Backs Away From Being 'Point In Time' Fiduciary For 401(k) Plans

TedTed
in The Bullpen
FYI: Fidelity Investments will no longer serve as a fiduciary when it helps employers select investments for their 401(k) plans, moving away from a policy the firm adopted last year in response to the Department of Labor's fiduciary rule.
Regards,
Ted
https://www.google.com/search?source=hp&ei=eVRQW4XQJazIjwTj-LM4&q=Fidelity+Backs+Away+From+Being+'Point+In+Time'+Fiduciary+For+401(k)+Plans&btnK=Google+Search&oq=Fidelity+Backs+Away+From+Being+'Point+In+Time'+Fiduciary+For+401(k)+Plans&gs_l=psy-ab.3...3228.3228..4846...0.0...64.128.2......0....1j2..gws-wiz.....0.28HXrvmD3zc
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