New U.S. Labor Department Rule Puts Retirees First

The video discusses the dramatic changes in the retirement landscape over the past 40 years, highlighting the shift from defined benefit plans to 401Ks and IRAs. It emphasizes the need for updated regulations to protect consumers, ensuring that financial advisors act in their clients' best interests. The video also covers the potential impact of these regulations on the market, including cost-benefit analyses and the importance of aligning incentives. It addresses concerns about unintended consequences and highlights the role of innovation and technology in making financial advice more accessible.

What are some potential unintended consequences of the new regulations on financial advice?

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What does the speaker suggest about the relationship between doing good and doing well in the financial advisory industry?

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How can technology play a role in making financial advice more accessible to small savers?

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