Today is National Be Heard Day. Never heard of it before? I wouldn’t be surprised. It’s a relatively new holiday created to give small businesses a chance to be heard. While there are many ways small businesses and residents can celebrate this day, AARP Georgia is honoring it by raising our voices about the retirement crisis impacting small businesses and their employees.
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.