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Financial Services Institute / Press Releases

[vc_row][vc_column][vc_column_text]Today, the U.S. House of Representatives passed a spending package providing relief to the millions of Americans impacted by the coronavirus (COVID-19) pandemic. The legislation, which passed the Senate earlier this week, includes provisions relaxing restrictions on workers taking loans from their retirement accounts and a temporarily waives required minimum...

Today, the Massachusetts Securities Division released its final fiduciary standard for those providing financial advice or recommendations in the Commonwealth. Below is a statement from Financial Services Institute (FSI) President & CEO Dale Brown:   "We are thoroughly reviewing the rule and hope that the Securities Division...

WASHINGTON, D.C. – The Financial Services Institute (FSI) applauds Congress’ passage of the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) as part of the end-of-year spending package. The bill is the most comprehensive retirement security legislation in more than a decade. “The passage...