Thursday, 1 June 2017

UBS to change how advisors get paid ahead of fiduciary rule deadline

UBS Group AG  is changing the way it pays U.S. financial advisors on retirement accounts before a U.S. Labor Department rule goes into effect next week, and halting the sale of a small number of noncompliant products, a senior UBS wealth executive said in an interview. Advisors in the Swiss bank’s Americas wealth management business

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