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New Rules Affect Retirement Savings Advice

On April 6, 2016, the Department of Labor (DOL) issued new โ€œconflict of interestโ€ rules regarding financial advice as it relates to retirement plans and IRAs. The new DOL rules generally hold financial professionals to a fiduciary standard if they receive compensation for providing investment advice to retirement plan participants or IRA owners, which means [โ€ฆ]