Wednesday, October 7, 2015

Is Your Financial Adviser Making Money Off Your Bad Investments?

New York Times, September 29th, 2015, Lily Batchelder & Jared Bernstein

Despite numerous opponents, US administration is trying very hard to push forward a new rule whereby any financial advisor would have to disclose any commissions earned from any financial service providers for recommending/investing in their product. This is to reduce conflict of interest and ensure that middle class families receive appropriate financial advice for their savings and retirements funds.

Read the article