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Americans Want Best-Interest Standard for Rollover Advice: Report

By Alex Padalka March 14, 2024 Financial Advisor IQ

CFP Board’s latest survey reveals that most Americans believe that one-time financial advice should be held to the fiduciary standard. This aligns with the Department of Labor's proposed retirement security rule, which “helps assure clients that they can trust their advisor to help them achieve their investment and retirement goals confidently and ethically,” says CFP Board CEO Kevin Keller, CAE.

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Financial Advisor IQ
Alex Padalka
March 14, 2024