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Retirement Advisers Could Face Tighter

Clip: 10/4/2015 | 7m 2sVideo has Closed Captions

The Department of Labor wants to hold retirement advisers to "fiduciary" standard.

A proposal from the Department of Labor would hold retirement advisers to what's called a "fiduciary" standard. The goal is to protect investors from advisers with a conflict of interest, but financial companies say the change will be costly and could keep many people from getting retirement advice at all. We'll take a closer look at the proposal.

10/04/2015 | Rating NR

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