- 4,640
Uncle Joe & Government to the rescue for 3rd or 4th time in a decade. You guys with junk fees better brush up your resumes.
Suitability not enough
Best interest not enough
DOL 1.0 not enough
DOL 2.0 not enough
Finally, the government is here to fix it & get rid of those products that might have a 1 time 3-5% commission so the client will be better with 1% fees annually for 20-30 years. Winning with math.
[EXTERNAL LINK] - Retirement savings boost? Biden says new fiduciary rule can do that
Suitability not enough
Best interest not enough
DOL 1.0 not enough
DOL 2.0 not enough
Finally, the government is here to fix it & get rid of those products that might have a 1 time 3-5% commission so the client will be better with 1% fees annually for 20-30 years. Winning with math.
[EXTERNAL LINK] - Retirement savings boost? Biden says new fiduciary rule can do that