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01Jul

US. Labor Department Proposes Fiduciary Exemption for Retirement Plans

News, Slider , ,

The Labor Department proposed a new rule Monday for retirement accounts that allow brokers and other types of financial advisers to provide fiduciary advice and still receive commissions in some cases. 

Read also US. Coronavirus puts company match under pressure

Consumer advocates say the proposed regulation would weaken standards under the federal law that governs retirement accounts. 

Read also UK. Pension funds covering £3trn pressured on fossil fuel investments and net-zero alignment

Read more @WSJ

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