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Tag: Department of Labor

Regulators implement new rollover rules
Retirement/Income

Regulators implement new rollover rules

Beginning in July, advisors and firms must follow new rollover rules issued by the Department of Labor.

Six steps to take to prepare for the fiduciary rule
DOL

Six steps to take to prepare for the fiduciary rule

The DOL’s fiduciary rule will affect the advice industry in 2017 and how advice experts prepare for that change could make a difference in their business.

DOL unveils final fiduciary rule
DOL

DOL unveils final fiduciary rule

Certain elements of the DOL’s proposed fiduciary rule were modified in the final version released this week.

Proposed fiduciary rule raises concern among advisors
DOL

Proposed fiduciary rule raises concern among advisors

How the proposed fiduciary rule will affect interactions with investors about retirement is unclear.

What’s next for DOL fiduciary rule?
DOL

What’s next for DOL fiduciary rule?

New fiduciary rule will likely be approved by DOL

New DOL proposal adds a fiduciary standard to IRAs
Retirement/Income

New DOL proposal adds a fiduciary standard to IRAs

The Department of Labor is proposing a new rule for individual retirement accounts that could impact how advisors offer advice and charge fees for IRAs.

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Services provided by Putnam may not be available in all countries or to all investors. This content is not an offer to any investor who is not qualified under local law.

The views and opinions expressed are those of the fund manager above, are subject to change with market conditions, and are not meant as investment advice.

This material is for informational and educational purposes only. It is not a recommendation of any specific investment product, strategy, or decision, and is not intended to suggest taking or refraining from any course of action. It is not intended to address the needs, circumstances, and objectives of any specific investor. Putnam, which earns fees when clients select its products and services, is not offering impartial advice in a fiduciary capacity in providing this sales and marketing material. This information is not meant as tax or legal advice. Investors should consult a professional advisor before making investment and financial decisions and for more information on tax rules and other laws, which are complex and subject to change.

All funds and investment products involve risk, and you can lose money. See the prospectus for details. Any economic and performance information is historical and not indicative of future results.

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In the United States, mutual funds are distributed by Putnam Retail Management.

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