An arm of the U.S. Department of Labor will be taking more time to implement regulations governing delivery of investment advice to retirement plan participants.
The Employee Benefits Security Administration has pushed back the effective date of a final investment rule published in January to Nov. 18, 2009.
Earlier, EBSA had pushed the effective date back to May 22, from March 20.
The notice of the new postponement should appear Friday in the Federal Register, EBSA says.