New Rule Pledges to Protect Americans Saving for Retirement

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The U.S. Department of Labor has finalized a rule it says will protect the financial interests of millions of Americans saving for retirement. The Retirement Security Rule updates the definition of an investment advice fiduciary under federal law. To be considered a fiduciary, those who provide investment advice now must do so while avoiding recommendations that are in the advisor’s interest…

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Chris Kissell

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