Why Betterment, Consumer Federation & CFP Board Favor Fiduciary Rule

By Bernice Napach

If not for President Donald Trump’s 60-day delay, the Labor Department’s fiduciary rule for retirement accounts would have taken effect on Monday, April 10, in the first of a two-step adoption process. Betterment, the largest independent robo-advisor and a supporter of the fiduciary rule, marked the day with a roundtable of fiduciary rule advocates, who discussed not only the arguments in favor of the rule and against any watered-down version but what could happen next.

Read the Original Article

This article originally published April 11th, 2017 on ThinkAdvisor.