The ________ enables employees to obtain more investment advice for their employers by removing the fiduciary liability based on the perceived conflict of interest of self-interested investment advice provided by the employer.

Question

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The Pension Protection Act of 2006 (PPA) contains provisions that remove the perceived conflict of interest and fiduciary liability for employers who offer investment advice to their employees through a qualified fiduciary advisor. This enables employees to obtain more investment advice for their retirement plans. The Employee Retirement Income Security Act (ERISA) of 1974 created guidelines for employee benefit plans, the Pension Benefit Guaranty Corporation (PBGC) established in 1974 provides insurance for certain defined benefit plans, and the Social Security Benefit Act of 1935 created social insurance programs for retirees, disabled individuals, and survivors. While these acts may be related to retirement or pension benefits, they are not specifically relevant to the scenario described.

The ________ Enables Employees to Obtain More Investment Advice for Their