NAIFA-Montana President Looks at DOL Proposal From the Perspective of an Investor

NAIFA-Montana President Kathryn Burton placed an excellent op-ed column in the Great Falls Tribune outlining NAIFA’s concerns with the Department of Labor fiduciary rule proposal. Burton, who specializes in disability and life insurance, draws on her personal experiences as a retirement saver to demonstrate the need small-to-medium investors have for services financial advisors provide.  
 
“Unfortunately the DOL’s rule does nothing to simplify retirement planning and it has the potential to negatively impact lower- and middle-market investors by forcing advisers into fee based consulting,” Burton writes. “I started my retirement account while being a single mom. … Paying for help would have been completely unaffordable at any price. I know next to nothing about investments. I have a retirement account today only because I am able to work with a financial adviser.”
 
You can read Burton’s entire op-ed on the Tribune website.
  • Posted August 19, 2015 IN


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