Fiduciary rules. Require the advisor to act for the client.
It is an institution or public programme.
It exists to relieve The advisor is paid by someone other than the client and The product that solves lifespan risk is opaque and expensive. That is the whole reason it is here: nothing enters this map without a human problem behind it.
It could not exist without Financial regulator. These are the quiet preconditions — remove any one and the solution stops working.
1 organisations in this map sell it.
Its neighbourhood
Everything this entry connects to directly. Click any point to follow it.
The line back to a human being
4 hops from a person at a phase of life. The further a thing sits from the person, the more abstract it looks — and the more it tends to be mistaken for something that came from nowhere.
- SolutionFiduciary rules
- FrictionThe advisor is paid by someone other than the client
- SolutionFinancial advisors
- FrictionRetirement is now visible and must be funded from what remains
- Life phaseMidlife
- Rooted inScarce resources
- Rooted inUncertainty
Relieves
Requires
Who sells it
| Organisation | Value | Type | Products |
|---|---|---|---|
| SEC and Department of Labor | government | Regulation Best Interest, ERISA fiduciary rule, unemployment insurance oversight |