Go Obama!
Your retirement savings: Obama proposal
The Associated Press - By By JIM KUHNHENN - 2 hours ago
....
To buttress the new effort, the White House on Monday released a 30-page report from its Council of Economic Advisers noting that
an estimated $1.7 trillion of individual retirement account assets are invested in products that pay fees or commissions that pose conflicts of interest.
"When you go to a doctor or a lawyer, you expect the advice you get to be in your best interests. But the same doesn't always hold true in the world of retirement savings," Labor Secretary Tom Perez said in a conference call with reporters. "Many financial advisers have taken an oath to serve your best interests, but there are other financial advisers and brokers who provide critical financial advice every day and are not obligated to look out for your best interests."
http://start.toshiba.com/news/read/category/Business/article/the_associated_press-obama_calls_for_tighter_rules_on_retirement_accoun-ap
DO SOMETHING!
| 