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The Washington Post

Insurance lobbyists block federal crackdown on costly retirement advice



The financial services industry has blocked the Biden administration from requiring brokers to put retirees’ needs first — above lucrative commissions.



Source link : https://www.washingtonpost.com/business/2024/08/11/insurance-lobbyists-block-fiduciary-rule/

Author : Tony Romm

Publish date : 2024-08-11 10:05:00

Copyright for syndicated content belongs to the linked Source.

Tags : The Washington Post
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