Ron also says to “sunset” BICE, eliminate all conflicts-of-interest, and don’t trust FINRA.
Is the DOL about to give brokers everything they want?
“Price (fees) are a component of value. There are many other components that make up value and the relative weight will vary from plan to plan.”
In some distant future, what fossilized evidence of poor judgment will come back to haunt unsuspecting 401k plan sponsors.
Regulators all in, the fall of 12b-1 fees and why do we keep talking about investments?
Pension Ponzi redux, Fiduciary feud growing louder, and the sudden rediscovery of the evils of 12b-1 fees.
Just because something is measurable doesn’t mean it’s relevant.