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Advisors may be considering bowing out from serving small investors, thanks to the Department of Labor’s new fiduciary rule. In a study conducted by the LIMRA Secure Retirement Institute, when asked about the potential impact of the fiduciary rule the majority of advisors—55 percent—said that it will likely deter them from serving small investors; half say they will stop handling small rollover business.

Read: 8 fiduciary rule FAQs for plan advisors

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