Why advisers should embrace fee-disclosure rules

10/17/2011 | InvestmentNews (free registration)

Advisers should see the U.S. Labor Department's fee-disclosure rules as an opportunity to emphasize their value, writes E. Thomas Foster Jr. of The Hartford Financial Services Group. While talking to clients about fees and commissions can be awkward, it's also a chance to help them make more informed decisions. "Advisers can help plan sponsors and participants make better decisions by helping them sort through this new age of information," Foster writes.

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