The COVID-19 pandemic and its related disruption have led to a period of deep uncertainty. As market volatility has triggered economic anxieties, investors have been seeking financial advice, education and guidance in greater numbers.¹

Research shows that those who receive financial advice are more likely to stay on track with their long-term investing strategies.² And now, new regulations enacted by the Securities and Exchange Commission—most notably, the new Regulation Best Interest (Reg BI)—will heighten the obligations of financial professionals who offer advice.

Key Highlights:

• People want advice, and research shows they’re better off when they get it.
• What is Reg BI? And what does it mean for retirement plan participants and sponsors?
• Important questions you may want to ask a potential retirement plan provider about Reg BI.
• Empower’s approach to helping people navigate Reg BI and get the advice they need.

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