In the News

Title

Fiduciary Rule Prompts Advisers to Consider Reverse Mortgages

Document Type

Article

Publication Date

4-13-2016

Abstract

Last week, the Department of Labor expanded the fiduciary standards for financial services professionals who provide compensation-based advice. A game-changer for the financial services industry, the effects of this long-awaited rule could prompt more advisers to consider the use of reverse mortgages in retirement income planning, suggest one expert.