New DOL advice rule must factor in reality of aging investors
More than any other client segment, older people rely on advisers to be their honest guide
The responsibility ahead for Eugene Scalia, President Donald J. Trump's nominee for labor secretary, should he be confirmed, is enormous. No less than the well-being of Americans in retirement rests on the decisions his agency has before it.
The DOL chose not to defend its fiduciary rule for retire
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