As part of our ongoing support of the Conflict of Interest (Fiduciary) Rule, Financial Engines recently submitted a comment letter to the U.S. Department of Labor in response to its recently announced delay to the Rule. You can read that letter here.
In a nutshell, our comments reaffirmed our backing for the core principles of the Rule. In addition, we encouraged the Department of Labor to maintain the strongest possible provisions to protect retirement investors.
We will continue to be an active voice in the Rule’s development on behalf of the clients we serve. We strongly believe that everyone deserves access to non-conflicted advice on their path to achieving greater financial security.