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Brokerage, Annuities Industries Make Last-Ditch Effort to Delay DOL Fiduciary Rule
CFP Board supports the U.S. Department of Labor's proposed retirement security rule, arguing that investors need tougher fiduciary standards on retirement rollover investment advice. CFP Board testified before Congress earlier this year, stating that the majority of their nearly 100,000 certificants in the U.S. accept some form of commission while still maintaining adherence to CFP Board's rigorous fiduciary standard.
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Financial Advisor MagazineTracey Longo
April 15, 2024