Breaking News5th Circuit Court of Appeals kills fiduciary rule


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Since the Great Recession hit, more employees have delayed their retirement, which can cost employers on multiple levels. Older employees are at greater risk of disability along with other health care costs, which has led to an increase in disability claims, but the economy has forced many of these older employees to put off retirement until they are more financially stable, says Alex Dumont, associate vice president of product marketing at The Standard. A study from the Employee Benefit Research Institute also finds that many employees have failed to save properly for retirement, which also contributes to the delay.

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