How can you find an honest financial adviser?

Publication Year:
2016
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Repository URL:
https://digitalcommons.theamericancollege.edu/news/1302
Author(s):
Updegrave, Walter
Tags:
retirement; advisors; retirement income planning; education; fiduciary; Finance and Financial Management
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article description
You've probably heard that after years of talking about it, the Department of Labor last week finally proposed rules requiring all financial advisers to act as a fiduciary -- essentially, avoid conflicts of interest and act in your best interest -- when giving people retirement advice. Previously, only registered investment advisers have had to meet a fiduciary standard.