Final Fiduciary Rule

Today the Department of Labor released its long-anticipated revisions to ERISA’s definition of who is a fiduciary. (See next post for links.) Although the DOL claims to have “streamlined” the rule in response to industry criticism (and extended the implementation period), this rule may significantly change the way advisors deliver retirement investment advice. Dorsey & Whitney will be holding a symposium on May 10, 2016 discussing the new rules. Clients will be receiving an invitation shortly. Should you be interested in participating in person or remotely, please e-mail Kim Daniel at

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Andrew Holly

Andrew is a seasoned trial attorney and a nationally recognized leader in ERISA litigation. He represents clients in complex ERISA, healthcare, tax, and antitrust litigation. Andrew serves as chair of Dorsey's nationally recognized ERISA Litigation Practice Group. He has 20 years' experience representing fiduciaries, plan sponsors, and insurers/plan service providers in ERISA litigation matters. For the last five years, he has been ranked by Chambers as one of the top ERISA litigators in the United States.

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