In 2016, a federal regulation was promulgated which required that any professional making a recommendation or solicitation regarding investments act in the best interests of their clients and put their clients' interests above their own. This policy protected consumers from receiving advice from financial experts that would benefit the advisor based on fees and commissions collected. After receiving pushback from the financial industry, the jurisdictional agencies began reexamining the policy.
At AARP Georgia's Day at the Capitol in March, one of our volunteers asked a state legislator about the high cost of prescription drugs. The legislator responded that the cost of medicine is often too high; and that she, herself, has been prescribed $600/month eye drops, which she cannot afford so she doesn't use them. This example is all too common.
AARP is now accepting nominations for its 2019 Georgia Andrus Award for Community Service, which honors 50+ Georgians who are sharing their experience, talent, and skills to enrich the lives of their community members.
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