Insurance lobbyists block federal crackdown on costly retirement advice

Insurance lobbyists block federal crackdown on costly retirement advice

The financial services industry has blocked the Biden administration from requiring brokers to put retirees’ needs first — above lucrative commissions

free link:
https://wapo.st/46FDMu0

Remember, the quality of your retirement is inversely proportional to the amount of money you’ve lost to fees, commissions, trading costs and taxes over the years.

intercst

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I don’t have a Washington Post subscription but I found an article about what it was that the lobbyists opposed.

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