Advisers gain business amid tougher retirement-plan rules

01/29/2013 | InvestmentNews (free registration)

Recent moves by the U.S. Labor Department to strengthen rules governing employer-sponsored retirement plans are bringing business to financial advisers, according to a white paper by Broadridge Financial Solutions. Employers are seeking out advisers who can help them understand and comply with the requirements. Many small-business owners are demanding that advisers assume fiduciary duty when they work on retirement plans, the paper says.

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