There is a sea change coming in how voluntary brokers disclose their compensation, and if they do not prepare for it now, they could face the wrath of the Labor Department, said a speaker at the Workplace Benefits Renaissance conference Tuesday.
“I don’t think you are aware of what is going to come,” warned Marcia Wagner, president and founder of Boston-based The Wagner Law Group, which specializes in ERISA litigation. “Your brethren in the retirement industry are aware, and this is a call for you to get aware of it.”
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