Today, the Press Secretary e-mailed Stephanie's Business, Government & Law Review
a statement detailing the United States Department of Labor's plans to stop "Wall Street brokers and other financial advisers to benefit from backdoor payments and hidden fees if they talk responsible Americans into buying bad retirement investments—with high costs and low returns—instead of recommending quality investments." Investing in your retirement is a task that needs studying by economists and financial advisers to ensure that investors are maximizing their benefits from a company's revenue rising, not falling.
Today’s suggestion by the Department of Labor assists people in deciding the best financial firm to manage their income and life savings. Financial advisers, stock brokers, mutual fund managers taking bribes from companies to encourage customers to support bad stocks, mutual funds and bonds is "costing working and middle class families billions of dollars every year." Stephanie's Business, Government & Law Review is seeking a response from financial firms about the President and the United States Department of Labor's initiatives.
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