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Yet Another Independent Study Highlights High Conflict-of-Interest Cost to Retirement Investors
Fiduciary News; registration may be required
[Opinion] Feb. 26, 2013
"[It] might help regulators if researchers ... try to identify why investors make poor choices. Is it really because they can't afford to receive advice from advisers with no conflict-of-interest? And, if they must solicit 'advice' from agents with a conflict-of-interest, is it correct to apply the term 'advice' to their service? Some have suggested these agents aren't advising, they're selling."
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