Is your adviser truly protecting your retirement?

There’s a discussion going on that is vital to the retirement money you’ve worked so hard to save.The Labor Department, directed by the Obama administration, is proposing that more advisers, when giving retirement investment advice, put their clients’ best interests first.

You’re probably thinking what I thought after learning about this: Wait, these advisers aren’t already required to recommend investment products that are in my best interests?Turns out, not all of them. The difference between who is required to follow that standard and who isn’t comes down to language.

– The Washington Post

Read the full article here.