New regulations for professionals in the finance industry have been called “revolutionary” by some. Pam Krueger, host of PBS’s Money Track, explains what the new rules mean for consumers and professionals, and how to vet a financial planner. She also talks about personal finance questions; exactly what works and what doesn’t when it comes to investing. Jason Lilly, CFA, joins Pam Krueger and our host Mindy Todd on The Point.
Why should this be a rule? Advisors should automatically be putting clients first. All this tells me is that a lot of advisors haven’t been doing that.