Is Your Financial Adviser on Your Side? There Are New Rules for Managing Retirement Savings — Why Investors Should Care.

By Alessandra Malito April 26, 2024 MarketWatch

CFP Board supports the recently finalized Department of Labor retirement security rule. “So the question, which the DOL solved the right way, is why shouldn’t advisors have to act in the client’s best interest no matter how their retirement assets are going to be invested?” explains CFP Board General Counsel Leo Rydzewski. “It shouldn’t matter.”