NAPA Net - Polling Places 041516

What’s Your Take on the Fiduciary Regulation?

Though we’ve had less than a week to absorb it, here’s your chance to weigh in on the final fiduciary regulation.

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* 1. Have you read the final regulation?

Yes.

Some of it.

A little of it.

None of it, but I’ve been reading the summaries.

Not yet.

Other (please specify)

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* 2. What’s your current take on the regulation?

It’s good.

We can work with it.

It’s better than the 2015 proposal.

It’s too soon to tell.

It’s going to keep a lot of people from getting the advice they need/want.

Not sure yet.

Other/Comments?

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* 3. What’s your biggest concern about the new regulation - or do you not have any?

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* 4. Do you think litigation will challenge any/all of the regulation?

Yes.

I certainly hope so.

Probably

Not sure.

Not a chance.

Litigation may result, but it's not likely to be successful.

Other/comments (please specify)

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* 5. Will it change anything with regard to how you do business?

No.

Not likely.

Some, but not very much.

It will have a big impact.

it will have a REALLY big impact.

Other (please specify)

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* 6. Are you currently an ERISA fiduciary?

Yes, on all accounts.

Yes, but not on all accounts.

Yes, but not on most accounts.

No.

Comments?

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* 7. When do you (normally) read NAPA-Net?

Soon as it comes out

Lunchtime

Afternoon

After I get home

On the weekend

It depends

Comments?

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* 8. Do you normally respond to our weekly reader poll?

Yes.

Sometimes

Not usually.

It depends

Other (please specify)

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* 9. If not, why not?

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* 10. What is your role working with retirement plans?

Advisor

Provider

TPA

Plan sponsor

Recordkeeper

Other (please specify)

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* 11. What size plans do you PRIMARILY work with?

Under $10 million in assets

$10-$20 million

$20-$50 million

$50-100 million

$100 million - $250 million

$250 million - $500 million

Above $500 million

Other (please specify)

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* 12. Any other comments about conflicts of interest, fiduciary responsibility, regulations in general, or this one in specificity?

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* 13. Suggestions for future survey questions?

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* 14. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...