retirement advisors News

The Obama administration will release a long-awaited proposal on retirement advice on Wednesday, according to a person familiar with the matter. At an event at the Center for American Progress think tank, the U.S. government will unveil its proposed rule …

Brokers and insurance agents providing retirement-savings advice would have to put clients’ interests ahead of their own under an Obama administration plan that will face stiff opposition from Wall Street and Republican lawmakers. The Labor Department proposal announced Tuesday is …