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Pension Rights Center statement on executive order seeking review of fiduciary rule

For Immediate ReleaseContact: Joellen Leavelle, (202) 2936-3776
February 03, 2017www.pensionrights.org

Ensuring that all Americans saving for retirement receive unbiased investment advice is paramount to guaranteeing their economic security in retirement. The Center believes that every American has a right to investment advice that will maximize their retirement savings rather than line the pockets of unscrupulous investment advisers. The fiduciary rule was vetted for five years by stakeholders from all sides of the issue. We are hopeful that the Administration will agree with the American people that it is in the best interest of consumers to have investment advisers that provide investment advice that is in consumers’ best interest.