10/30/2002: ERISA Arising: Financial Planners Must Know the Fiduciary Responsibility Laws (Financial Planning Interactive)Excerpt: "If you work with qualified plans -- including defined benefit, defined contribution plans, 401(k) plans, 403(b) plans and IRAs -- you need to understand these regulations thoroughly for your own self-protection. In case of errors, lack of knowledge is no excuse. If you think ignorance is bliss, just wait until you find yourself in court. Figure 1 shows the numbers of civil law suits concerning ERISA."
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