Arizona PIRG Education Fund Commends Release of Labor Dept.’s Proposed Rule To End Conflicted Retirement Advice

Arizona PIRG Education Fund

The Arizona PIRG Education Fund today commended the public release of the Department of Labor’s proposed rule that would strengthen the ability for Americans to save for retirement by addressing conflicts of interest that arise when brokers and financial advisers give retirement advice.

“Financial advisers and brokers should have a duty to act in the best interests of the Americans who hire them for sound financial advice,” said Mario Salazar, on behalf of the Arizona PIRG Education Fund.  “We will work to ensure the strongest possible rule to protect Americans who work hard to save for a secure retirement.”