The Brian Lehrer Show

Newsmakers meet New Yorkers as host Brian Lehrer and his guests take on the issues dominating conversation in New York and around the world. This daily program from WNYC Studios cuts through the usual talk radio punditry and brings a smart, humane approach to the day's events and what matters most in local and national politics, our own communities and our lives. WNYC Studios is a listener-supported producer of other leading podcasts including Radiolab, On the Media, Death, Sex & Money, Nancy, and many others.

https://www.wnyc.org/shows/bl

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Changes for Retirement Savers


If you’re saving for retirement and you give your money over to financial professionals, a slogan of theirs might be “we put customers first.” Well, until recently that was just a marketing strategy; now it’s law. 

This week The Labor Department issued new regulations that will require financial advisers and brokers handling individual retirement and 401(k) accounts to act solely in the best interest of the investor.

Jason Zweig, personal finance columnist for the Wall Street Journal and the author of The Devil's Financial Dictionary, explains the new rules and when they go into effect.


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 April 7, 2016  16m