Absent any objective definition of âexcessiveâ and âreasonable,â does the Conflict-of-Interest Rule have any real meaning, or is it merely another potentially lucrative cash-flow stream for class action attorneys courtesy of your friendly neighborhood government regulator?
He says it doesn’t pass the basic smell test, and that’s just warming up…
Without conflict-of-interest fees like 12b-1 fees and revenue sharing, the world becomes a lot simpler for 401k plan sponsors and a lot safer for plan participants.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 4/22/16
Policy Insanity, Now the Real Fiduciary Questions, and Back to Investing Basics