Fiduciary rule goes into effect

|By:, SA News Editor

Starting today, financial advisers will be required to put their customers' interests ahead of their own when providing advice about their retirement money.

However, the so-called fiduciary rule could be killed by a provision in the Financial CHOICE Act, which was passed by a House vote on Thursday.

Whatever the case may be, the DOL will not enforce the law until after January 1, 2018.

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