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Think the Fiduciary Rule Is Dead? Think Again

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Think the Fiduciary Rule Is Dead? Think Again

Written by: Kathryn Eident

We’ve all been told how important it is to invest in the future, and there’s a whole industry dedicated to retirement planning. But not all financial advisors are created equal, despite attempts to implement a proposed rule that would require anyone who gives retirement investment advice to sign an oath saying they’re working in the customer’s best interest. A court recently struck down the proposed so-called fiduciary rule, leaving many confused in its wake.

Click below the image to listen to WCAI’s Kathryn Eident talk with me, co-host of the PBS show MoneyTrack and founder of wealthramp.com to get an explanation.

Related: If the Best Interest Rule is Killed, Will Any Advisors act as Fiduciaries?

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