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DOL Poised to 'Reform' Retirement Savings at Small Businesses' Expense: Seven Reasons You Should Be Worried
U.S. Chamber of Commerce 
[Opinion] Feb. 4, 2016 "[1] We will not know what is in it until we have to live with it.... [2] The rule discriminates against small businesses and individuals ... [3] The rule will increase costs and reduce financial advice choices, particularly for small business plans and IRAs ... [4] The rule could actually prevent advice that is in your best interest ... [5] The rule conflicts with existing securities laws and financial regulation ... [6] The rule makes it harder to offer investment education and to consolidate retirement accounts to prevent 'leakage' ... [7] We need more advice, not less." MORE >> |
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