Retirement Advisor Council Elects Executive Board Members Troy Redstone, Sharon Schmid, and Eric Garofalo

East Granby, CT - The members of the Retirement Advisor Council have elected Troy Redstone, Sharon Schmid, QPFC , and Eric Garofalo to its Executive Board. Troy Redstone, AIF®, CFEI®, CBFA®,  CPFA® Principal, PHD. Retirement Consulting1, will represent the Advisor College. Sharon Schmid, Senior Vice President, Retirement Plans Consultant, Robert W. Baird & Co. Incorporated2, will represent the Practice Leader College. Eric Garofalo, Senior Relationship Manager, Firm Relations, Principal Financial Group3, will represent the Service Provider College.

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Retirement Advisor Council Requests 266-Day Delay of Regulation Defining “Fiduciary” Under ERISA

East Granby, CT – Comments the Council submitted today to the U.S. Department of Labor regarding the proposed rule extending the applicability date of the regulation defining who is a “fiduciary” under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code of 1986, the Council requested a 266-day delay of implementation to the first business day following January 1, 2018, and a 120-day extension to August 8, 2017 of the period to provide additional comments..

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