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Study On Retirement Costs Draws Fire

Thursday, August 30, 2012 - 1:28 PM
According to a SmartMoney article, consumer advocates say an influential study about IRAs is an industry Trojan horse.
In the fierce debate over how Wall Street should help investors with their retirement savings, a consulting firm's study has gained a starring role, by concluding that tougher consumer-protection standards would sharply increase costs for investors. Now some consumer advocates are taking a closer look at the study -- and they're crying foul.
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