_biden-administration-implements-rule-to-ensure-fiduciary-duty-for-financial-advisors-boosting-retirement-accounts-by-up.jpg "Biden Administration Implements Rule to Ensure Fiduciary Duty for Financial Advisors, Boosting Retirement Accounts by up to 20% Over a Lifetime from my liberty mutual account Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:39
👁 View: 2M times
✓ Published: 26-Apr-2024
👁 View: 2M times
✓ Published: 26-Apr-2024
Description:
The Biden administration finalized a new rule to ensure financial advisors, brokers, and insurance agents act as fiduciaries and put client interests ahead of their own. Under current rules, advisers can recommend higher-commission investments that may not be best for clients. It takes effect September 23rd and is estimated to impact around 5 million savers and boost retirement accounts by up to 20% over a lifetime. Critics warn it could make professional retirement assistance more expensive and difficult to access. Supporters say it protects investors from conflicts of interest and improper investment recommendations.
The Biden administration finalized a new rule to ensure financial advisors, brokers, and insurance agents act as fiduciaries and put client interests ahead of their own. Under current rules, advisers can recommend higher-commission investments that may not be best for clients. It takes effect September 23rd and is estimated to impact around 5 million savers and boost retirement accounts by up to 20% over a lifetime. Critics warn it could make professional retirement assistance more expensive and difficult to access. Supporters say it protects investors from conflicts of interest and improper investment recommendations.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_limu-emu-amp-doug-124-ghostbusters-frozen-empire-liberty-mutual-insurance-commercial.webp "Liberty Mutual")
⏲ 31 seconds 👁 8.2M
_epf-account-3-to-go-live-on-may-11.webp "The Employees Provident Fund (EPF) has launched Account 3 with members given a one-time opt-in option to transfer funds from their Account 2 to the newly launched \")
_replaced-124-limu-emu-amp-doug-124-liberty-mutual-insurance-commercial.webp "Liberty Mutual")
_liberty-mutual-employee-benefits-login-via-benefits-liberty-mutual-my-viabenefits-com-libertymutual.webp "BAM BenefitsAccountManager")
⏲ 1 minute 1 second 👁 45
_will-liberty-mutual-survive-this-thousands-of-clients-gone.webp "Think Insurance")
_what-is-renters-insurance-and-do-i-need-it-124-liberty-mutual.webp "Liberty Mutual")
_i39ll-be-seeing-you-1944-full-movie-124-ginger-rogers-joseph-cotten-shirley-temple.webp "Synopsis: A soldier suffering from combat fatigue meets a young woman on Christmas furlough from prison and their mutual loneliness blossoms into romance.<br/>Genre:Drama, Romance, Family<br/>Director: William Dieterle, George Cukor (Uncredited)<br/>Top cast: Ginger Rogers, Joseph Cotten, Shirley Temple, Spring Byington, Tom Tully, John Derek, Chill Wills")
_how-to-really-opt-out-of-the-technocratic-state-to-maintain-your-personal-freedom.webp "Kim Iversen")
⏲ 11 minutes 58 seconds 👁 6.4K
_limu-emu-amp-doug-124-ghostbusters-frozen-empire-liberty-mutual-insurance-commercial.jpg)
_epf-account-3-to-go-live-on-may-11.jpg)
_replaced-124-limu-emu-amp-doug-124-liberty-mutual-insurance-commercial.jpg)
_liberty-mutual-employee-benefits-login-via-benefits-liberty-mutual-my-viabenefits-com-libertymutual.jpg)
_will-liberty-mutual-survive-this-thousands-of-clients-gone.jpg)
_what-is-renters-insurance-and-do-i-need-it-124-liberty-mutual.jpg)
_i39ll-be-seeing-you-1944-full-movie-124-ginger-rogers-joseph-cotten-shirley-temple.jpg)
_how-to-really-opt-out-of-the-technocratic-state-to-maintain-your-personal-freedom.jpg)
![[+]](/images/menu.gif){kind=small}