"There’s still plenty of evidence that consumers could be better educated on these issues. Surveys show about half of investors don’t know how much they’re paying for advice, and about one in six think they pay nothing. Yet ... progress is being made with respect to consumer education and awareness. ... [Q]uite a few investment advisers [have reported] that their clients and prospects are for the first time asking them about their fiduciary status. That’s a result of the DOL effort and the resulting publicity."  MORE >>