Annuities: Preparing clients to retire at (almost) any age: OPINION
February 28, 2017 by Jeffrey Phillips
The new Department of Labor Fiduciary Rule is scheduled to be phased in soon.
This ruling expands the “investment advice fiduciary” standard definition while still demanding that advisors always act in the best interests of their clients.
As part of that commitment, it’s important for investment advisory industry professionals to recognize that the needs of each particular client will differ based on a variety of factors including income, budget, family situation and personal goals. There is no “one-size-fits-all” retirement plan; each individual client deserves a customized solution that addresses their unique situation.
Click HERE to read the full story via LifeHealthPro; free registration
Wink’s Note: The views and opinions expressed in this article are those of the original author.