The DOL Fiduciary Rule: Where We Stand

You may recall that the Department of Labor Fiduciary Rule is the requirement that financial advisors to retirement plans (and by extension IRA accounts) are required to act in the best interests of the plan participants (or IRA accountholders). At Clarity, we have been long-time supporters of this concept, as it appears motivated by both commonsense and the sub-optimal (to put it charitably) investment experience that has adversely affected the level of retirement savings for millions of hardworking Americans.

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