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Conflict of Interest Rule Could Save Americans Billions in Retirement

Fiduciary standard will force brokers to do what's best for clients instead of looking out for themselves
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When it comes to retirement planning, it's not just about how much you save, but with whom.

A new Labor Department rule announced Wednesday will require brokers to put clients' interests ahead of their own when it comes to retirement investments, tightening current industry standards that can incentivize brokers to push high-fee products that prioritize their own profits.