You might not be familiar with term “reasonable compensation” just yet. But come April 10 -- if not sooner -- you will be.

Why so? That’s when the Labor Department’s conflict-of-interest rule goes into effect. It’s the day when financial professionals who provide advice about the investments and insurance inside your IRA and 401(k) have to start acting in your best interest, as a fiduciary.

What’s more, it’s also the day when advisers can only charge reasonable fees or earn reasonable commissions when managing your retirement account. Read More