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DoL rule is changing advisers’ business planning

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Even as clients' risk appetite increased, regulatory changes have left some advisers worrying about the future of their practices.

The Retirement Adviser Confidence Index, Financial Planning's monthly barometer of business conditions, inched up half a percentage point to 52.8, driven higher in part by increasing client confidence in market conditions.

"Clients’ optimism has climbed with the market following the brief British scare," a planner says.