Scrutiny of IRA rollovers might affect advisors

02/2/2014 | PlanAdviser.com

Regulators are taking a closer look at rollovers from company-sponsored retirement plans into individual retirement accounts. That is expected to hit financial advisors in different ways. "This is going to hurt" the average investment advisor "because a large portion of their earnings comes from rollovers," says Bob Lawton, president of Lawton Retirement Plan Consultants. Other advisors might be less affected.

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