Labor Department issues rule to crack down on bad retirement savings advice
cnbc.com/2024/04/23/labor-department-issues-rule-to-crack-down-on-bad-retirement-savings-advice.htmlThe Biden administration issued a final rule on Tuesday that cracks down on the investment advice that advisors, brokers, insurance agents and others give to retirement savers. The U.S. Department of Labor regulation — which follows a rule proposal in October — aims to ensure that investment recommendations are in savers' best interests, according to agency officials. In…
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