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Few advisors neutral on fiduciary rule

Advisors are divided on the new fiduciary rule proposed by the Department of Labor.

By Marlene Y. Satter | Updated on May 06, 2015

More hate it than love it, but it’s not a landslide: Advisors are divided on the new fiduciary rule proposed by the Department of Labor.

That’s according to a live webinar poll conducted by Pioneer Investments, which found that, although a substantial number of advisors remain undecided about the effects of the new rule on their business, many also believe it will help both their businesses and investors.

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