What is the Status of the Retirement Plan Industry?

“The retirement plan industry is a little bit in flux right now, and there’s some uncertainty out there mainly because the Department of Labor recently ruled that “financial advisor” should be included as a part of the definition of what a fiduciary is. So, financial advisors seem a little unsure as to which way to go.”

“I hear that from advisors all the time and I have to remind them that companies are starting every day. And those companies need retirement plans. So there’s a real opportunity for them to continue to grow their business. And taking another fact that providers are changing their products around so it gives them an opportunity to also go back and review their existing business.”

“So at Alliance Benefit Group, we want to be a solution and help in this time of uncertainty.”

Watch the Video

Scott Dozier and Dan Hyatt discuss the status of the Retirement Plan Industry.

Learn More

Contact your local ABG Representative for more information on the status of the retirement plan industry. Because at ABG, retirement is our work.