The Financial Services Institute launched a microsite Monday that allows its advisor/broker-dealer members as well as non-members' clients to write letters to lawmakers and to Labor Secretary Thomas Perez on DOL's fiduciary rulemaking.
The site, MySavingsMyChoice, urges investors to "Protect Your Retirement: Tell Washington it's your savings and your choice."
Investors are urged to tell lawmakers and Perez to protect their access to financial advice, and states that "People who work with a financial advisor save more money, get better returns on their investments, avoid costly mistakes and have greater confidence in their financial futures."
Investor can send a total of four letters – to two senators, one member of Congress and another to Perez – in two simple steps. The FSI advocacy software automatically matches the investor with their elected officials. FSI is encouraging all advisors, whether they are FSI members or not, to tell their clients to weigh in.
