NEW YORK & CHICAGO–(BUSINESS WIRE)–Wealth managers will see differing costs and benefits from the introduction of the Department of Labor’s (DOL) “fiduciary rule” as they roll out varying strategies in response to the new regulation, says Fitch Ratings. The new DOL rule pertaining to conflicts of interest in retirement advice is due to begin to come into effect in April 2017 and will require wealth managers to maintain a fiduciary standard for clients’ retirement accounts. This means that wea
