For financial services companies, for instance, the DOL’s latest fiduciary rule marked a significant change in how financial advice can be provided. To comply with this shift in regulations, financial advisors, particularly those who provide retirement planning assistance, must have a clear and auditable process for ensuring they act in the best interest of their clients.
Comensure’s easy-to-use cloud-based platform, Comensure GRC, can help advisory and other types of organizations to adopt new data management processes and build DOL compliance frameworks to stay ahead of emerging and current legal requirements.
