May 21, 2015
AAF/AAN National Survey on Financial Adviser Regulation
The American Action Forum and American Action Network commissioned a national survey on the financial adviser regulation issued by the Department of Labor. The national survey was conducted by On Message, Inc. The national survey found that:
- Americans oppose the fiduciary regulation (50% to 28%), and are significantly less likely to support the proposed regulation when they hear about the personal impact this would have on middle class savers (73% less likely).
- A strong majority (59% to 26%) doesn’t believe it’s the government’s job to decide what’s best for an individual’s personal retirement accounts.
- Americans believe the Department of Labor lacks the expertise and relevance of running individual Americans’ IRA’s (69% to 20%).
View and download the results below.