In the Margins
Long-time proponents of the Department of Labor's new fiduciary rule say the new standards will produce higher quality, less conflicted advice for American workers' retirement nest eggs. Meanwhile, critics foresee less availability of advice and fewer advisers, largely as a result of more expensive and cumbersome compliance. Based on the recent experiences of our British and Australian cousins, both sides may be right. Read the original story from InvestmentNews.
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