Commonwealth Financial Network will require advisers to earn credentials in fiduciary practices or retirement planning as part of its new Retirement Plan Consulting Program.

The move underscores how much of a priority it is now for all financial advisers to adopt the fiduciary standard of care, say industry sources. "We anticipate that the advisers who were using our platform prior to the new Retirement Plan Consulting Program will stay onboard," says company spokesperson Emily Guadagnoli.

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