The Department of Labor is issuing a new rule requiring stricter fiduciary responsibility for retirement accounts. The new fiduciary rule requires investment brokerage firms and financial advisors to make their client's best interest their priority.

OnPoint Community Credit Union and OnPoint Wealth Management & Investment Services® are already committed to serving the needs of our members first and foremost. We will continue to thoughtfully serve our members with their best interests in mind and comply with the regulations without limiting our members' choices.

The new rule will be phased in between June 2017 and January 2018. OnPoint Wealth Management & Investment Services® and Raymond James Financial Services, Inc. are carefully reviewing the rule to help ensure implementation preserves our members access to a broad array of investment options and continues to prioritize our members' interests.

Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC and are not insured by credit union insurance, the NCUA or any other government agency, are not deposits or obligations of the credit union, are not guaranteed by the credit union, and are subject to risks, including the possible loss of principal. OnPoint Community Credit Union and OnPoint Wealth Management & Investment Services® are independent of Raymond James Financial Services, Inc. Raymond James privacy policy. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.