Applying the Fiduciary Duty to Rollovers

Millions of 401(k) rollovers occur every year, resulting in the transfer of over $1 trillion in assets to IRAs or new employer-sponsored plans. Rolling over a 401(k) to an IRA is a significant financial decision that can offer broader investment choices and make it easier to administer and keep track of assets. But bad or conflicted advice can expose the client to unnecessary costs or significant tax penalties.

In July 2026, CFP Board published the Guide to Applying the Fiduciary Duty to Rollovers, a guide to help CFP® professionals provide financial advice on whether to roll over assets from an employer plan while fulfilling their fiduciary obligations and adhering to CFP Board’s Code of Ethics and Standards of Conduct. The guide is part of an ongoing series of resources to help CFP® professionals with their practice. As part of CFP Board’s Guidance Webinar Series, CFP Board is hosting this webinar to introduce the guide and offer practical guidance for financial planners advising on rollovers.