The document discusses the implications of the 2017 Fiduciary Rule on investments by ERISA Plans and Individual Plans in the Access Fund. It outlines the responsibilities and potential prohibited transactions under ERISA and the Code, and the conditions under which the Access Fund's assets may be considered 'plan assets.' The document also explains the Seller's Exclusion and the 25% ownership rule for benefit plan investors.
documents/vol00010-efta01355007-pdf.pdf
{"document_type":"legal","document_subtype":"ERISA compliance document","key_organizations":["Pacific Life Insurance Co","U.S. Department of Labor"]}