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Central Pension Fund of the IUOE
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| Statement from Rep. Roe at HELP Subcommittee Hearing on Restricting Access to Financial Advice: Evaluating the Costs and Consequences for Working Families and Retirees Committee on Education and the Workforce, U.S. House of Representatives  [Opinion] June 17, 2015 "[We] cannot -- in any way -- make it harder for workers, retirees, and small business owners to receive the financial advice they may need. Yet that is precisely what this regulatory proposal would do. Offering some of the most basic assistance would be prohibited, such as advice on rolling over funds from a 401(k) to an IRA. Financial advisors would no longer be able to assist individuals in how to manage their funds upon retirement. And small business owners would be denied help in selecting the right investment options for their workforce, which will lead to fewer employees enrolled in a retirement plan." |
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