What does the fiduciary rule mean? 6/11/2017

Last week, we compared the performance of the main indexes to see which performed the best/worst to compare with your portfolio asset allocation.

Today we begin a new series on the fiduciary-conflict of interest Rule, and I answer questions on what it is and how retirement investors are affected.

Question: What is the fiduciary-conflict of interest rule?

Answer: It is legislation, crafted during the Obama administration, focusing on eliminating conflicts of interests from financial advisers, brokers and insurance planners.

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