@jeffw@lemmy.worldM to

News@lemmy.world • 9 months ago

Insurance lobbyists block federal crackdown on costly retirement advice

www.washingtonpost.com

7

65

Insurance lobbyists block federal crackdown on costly retirement advice

www.washingtonpost.com

@jeffw@lemmy.worldM to

News@lemmy.world • 9 months ago

7

The financial services industry has blocked the Biden administration from requiring brokers to put retirees’ needs first — above lucrative commissions.

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@machinin@lemmy.world
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9 months ago
Better title - “Politicians work with insurance industry to stop a block to unethical profits.”
- @Viking_Hippie@lemmy.world
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  8•9 months ago
  Even more accurate: regulatory capture and general corruption wins again

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