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Sentiment improved from 2015 when only 27% of advisers saw the regulation helping business
Apr 21, 2016 @ 7:00 am | By Christine Idzelis | Investment News
Just over half of the financial advisers polled a week after the Labor Department released its fiduciary rule think it will be good for business as it will level the playing field for retirement account advice.
Asset manager Pioneer Investments surveyed 861 financial advisers in all 50 states who work for wirehouses, broker-dealers, independent advisory firms and companies with an insurance-based business model. The poll was taken live during Pioneer’s April 13 webinar, “The Fiduciary Regulation is Here… Are You Ready?”
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