Would Advisors Abandon The Market Over Fiduciary Rules?
August 28, 2015 by Cyril Tuohy
Investors should expect to see financial advisors stampede out of the market if fiduciary rules proposed by the U.S. Department of Labor (DOL) are adopted. That’s the view from industry lobbyists and executives representing insurance companies, broker/dealers, mutual funds and financial advisors.
Not so, insist consumer groups, labor unions, who are among the proponents of fiduciary standards in the management and investment of retirement accounts. Click HERE to read article
Wink’s Note: InsuranceNewsNet articles may require a subscription to read
Originally Posted at InsuranceNewsNet on August 28, 2015 by Cyril Tuohy.
Categories: Industry Articles