Tell the Department of Labor to Stop Wall Street from Draining Your Retirement Account

July 16, 2015

When you pay a financial adviser to help you invest your hard-earned retirement savings, you would assume that they would be required, by law, to have your best interests at heart. But because of loopholes in the rules, advisers can get away with not only putting their own financial interests above that of their clients, but also allows them to take incentives from Wall Street firms to recommend investments that drain funds from ordinary Americans’ retirement accounts through hidden fees and lower returns. The White House Council of Economic Advisers says this costs us $17 billion a year.

Previous Article
Report: Koch-Funded 'Concerned Veterans for America' Wants to Dismantle VA, Cut Veterans' Benefits
Report: Koch-Funded 'Concerned Veterans for America' Wants to Dismantle VA, Cut Veterans' Benefits

When our troops come home, the Veterans Affairs (VA) health system keeps our...

Next Article
Worker Wins Update: From Podiatry to Peanuts, Workers Win Big in July
Worker Wins Update: From Podiatry to Peanuts, Workers Win Big in July

Workers across the country have stood up in the past month to fight for...