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Press Releases

June 22, 2016

RE: Oppose the veto override of HJ Res 88 (DOL conflict of interest rule)

Date: June 21, 2016 Dear Representative: As organizations that support the Department of Labor’s (DoL) rule to update and strengthen protections for retirement savers, we are writing to thank you for standing up for your hardworking constituents saving for retirement and opposing HJ Res 88, the Resolution of Disapproval that would block the rule’s implementation, […]


May 4, 2016

An open letter to the members of ACLI:

According to recent news reports, the board of ACLI will meet this week to decide whether to pursue a lawsuit challenging the Department of Labor’s recently finalized conflict of interest rule. We are writing on behalf of organizations that advocate for consumers, workers, and retirees to urge companies like yours to oppose a lawsuit and […]


April 27, 2016

RE: Oppose the Resolution to block DOL’s final conflict of interest rule

April 26, 2016 Dear Representative: As organizations that support the Department of Labor’s (DoL) rule to update and strengthen protections for retirement savers, we are writing to urge you to oppose H.J. Res 88, the Resolution of Disapproval that would block its implementation. This rule is a tremendous accomplishment in the fight to improve our […]


April 20, 2016

RE: Oppose the Resolution to block DOL’s final conflict of interest rule

April 20, 2016 Honorable John Kline                                                       Honorable Bobby Scott Chairman                                                                           Ranking Member Education and Workforce Committee                              Education and Workforce Committee U.S. House of Representatives                                         U.S. House of Representatives Washington, D.C. 20515                                                  Washington, D.C. 20515 RE: Oppose the Resolution to block DOL’s final conflict of interest rule Dear Chairman Kline and […]


April 6, 2016

SAVE OUR RETIREMENT COALITION AND DOZENS OF ADVOCACY GROUPS APPLAUD RELEASE OF LABOR DEPARTMENT’S FINAL CONFLICT OF INTEREST RULE

FOR IMMEDIATE RELEASE Tuesday, April 6, 2016 Contact: Shanessa Bryant, Better Markets, (202) 618-6433 or sbryant@bettermarkets.com  In Significant Victory for Workers and Retirees, Long-Awaited Rule Will Protect Americans’ Retirement Savings  April 6, 2016, Washington, D.C. – Members of the SaveOurRetirement.org coalition and a diverse collection of consumer groups, civil rights organizations,  labor unions, financial entities and […]


April 6, 2016

Support DOL’s final conflict of interest rule

April 6, 2016 RE: Support DOL’s final conflict of interest rule Dear Member of Congress: As organizations that support of the Department of Labor’s (DoL) rulemaking to update and strengthen protections for retirement savers, we commend Secretary Perez and his staff for issuing a final rule to protect hard-working Americans from losing money because of […]


April 5, 2016

VOICES OF EXPERIENCE: IT IS TIME TO END CONFLICTED-ADVICE HARMING RETIREMENT SAVERS

  Arthur Levitt, Jr., chairman of the Securities and Exchange Commission from 1993 to 2001: In this videotaped interview, Levitt explains why the DOL rule is needed, how it will help savers of modest means, and why the SEC doesn’t need to act first. https://www.youtube.com/watch?v=6YfWDXQdYVw Calls the lack of congressional support for the DOL fiduciary […]


April 5, 2016

EDITORIAL/COLUMNIST ROUNDUP: WHY CONGRESS SHOULD PROTECT OUR RETIREMENT SAVINGS, NOT CATER TO WALL STREET GREED

The Department of Labor (DoL) today released its final rulemaking to update and strengthen protections for retirement savers.  The rule will protect hard-working Americans from losing money because of a conflict of interest when a broker or other financial professional provides retirement investment advice.  The release of this final rule is a tremendous accomplishment in […]


January 11, 2016

Statement of Opposition to Roe and Roskam Bills

AFL-CIO, Americans for Financial Reform, Better Markets and Consumer Federation of America released this statement in opposition to the two bills introduced last week by Representative Phil Roe (H.R. 4293) and Representative Peter Roskam (H.R. 4294) to undermine the Department of Labor’s efforts to establish a best interest standard for retirement advice and finally protect […]


September 25, 2015

SAVE OUR RETIREMENT COALITION STATEMENT ON LETTER TO SEC. PEREZ ON DOL’S BEST INTEREST FIDUCIARY RULE

September 24, 2015, Washington, D.C. – The seven members of the SaveOurRetirement.org coalition – AARP, AFL-CIO, AFSCME, Americans for Financial Reform, Better Markets, Consumer Federation of America and Pension Rights Center – released this statement on a letter sent to Labor Secretary Tom Perez today on the Department of Labor’s best interest fiduciary rule: “We […]