Want to create an interactive transcript for this episode?
Podcast: Money Life with Chuck Jaffe
Episode: How a fiduciary standard could change the whole world
Description: George Kinder, president of The Kinder Institute of Life Planning and one of the leading lights in the financial planning industry, talks about his new initiative, "Fiduciary in All Things," which seeks to apply a fiduciary standard to more than just money relationships. While most stripes of financial adviser have an obligation to act as a fiduciary -- meaning they put the client's interest ahead of their own -- Kinder believes a straightforward golden-rule like standard cold help restore civility in politics and society, would make consumers happy and would make politicians more interested in serving their voters than...