Despite new rules for investment advisors, you are still responsible for your retirement.
Author: John O'Brien, CFP
Release Date: 10/10/16
The Labor Department has recently enacted new rules in an attempt to make it tougher on the advisors who wear sales hats—stockbrokers and insurance agents—when they deliver investment advice on retirement accounts. So what, exactly, does that mean, and how does it affect you?
To start, you should know that often times investment professionals have strong incentives to steer customers to specific investment products that benefit the advisor, but aren’t always in the . . .