Retirement

Investment advice? Or sales pitch? New rule will make that clear for investors

Investment advice? Or sales pitch? New rule will make that clear for investors

Should you trust the adviser who's telling you what to do with your money?

Unfortunately, many should not. The sad story is that if you are like most Americans, you are easy prey for the money advice business that's involved with over $14 trillion of Americans' retirement savings.

Typically, people seek out professional advice about their money because they don't have a clue about how to proceed. They know they have to somehow stretch their hard-earned savings into years of spending money once they quit working. But investing properly is a mystery, the fine print that goes with products like annuities is overwhelming, and finding the right person to help can be just as...

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