WASHINGTON – The House is set to begin debate today on a bill that would delay, perhaps indefinitely, a proposal by the Department of Labor to impose a fiduciary standard of care on advisors to retirement plans.

An aide to Rep. Ann Wagner (R-Mo.), the sponsor of the Retail Investor Protection Act, said late Monday that the House is scheduled to take up the measure in the afternoon, with a vote planned later in the afternoon or evening.

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