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DOL Fiduciary Rule in Final Stretch as AARP, Insured Retirement Institute Set White House Meetings

By Patrick Donachie March 20, 2024 WealthManagement.com

The Department of Labor's proposed retirement security rule may soon be unveiled, with the White House holding meetings with both proponents and adversaries. CFP Board will be in attendance as a supporter, having stated last fall that prior rules do “not prevent advisors from taking advantage of gaps in the regulations to steer their clients into high-cost, substandard investments.”

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WealthManagement.com
Patrick Donachie
March 20, 2024