FOR IMMEDIATE RELEASE: April 6, 2016
CONTACT: Kristin Beane, FPA MA, 508-839-2900, admin@fpama.org
DOL Fiduciary Rule Announced.
WESTBOROUGH, MA – The Financial Planning Association™ of Massachusetts (FPA™ MA) response to the DOL Fiduciary Rule
The long anticipated fiduciary rule has finally arrived. With the passage of time, the real impact of this rule will eventually reveal itself to the financial services industry, and more importantly the consumer.
CFP® professionals who are members of the FPA of MA already act in a fiduciary capacity when engaging in a plan with clients, the FPA of MA believes a fiduciary standard will help consumers find that same level of care for their retirement savings.
Consumer protection is one of the focal points of the FPA of MA. Consumers should take advantage of the FPA of MA’s website for important updates and information regarding the new regulations: www.fpama.org
John McAvoy, CFP®, AIF®, President of FPA MA, stated that “the FPA MA is committed to the fiduciary standard which enables our members to deliver sound financial advice for consumers”.
The Financial Planning Association™ of Massachusetts is a membership organization that Advocates, Collaborates and Educates for the advancement and awareness of the financial planning profession.
Many FPA™ MA members engage in philanthropic pro bono work in their communities. They also recommend legislation, elevate public awareness, promote financial literacy, and advocate for sound economic and tax policies. We welcome all those who advance the financial planning process and promote the CFP® mark as the cornerstone of the financial planning profession. For more information please call 508-839-2900 or visit www.fpama.org