You may not remember this, but several months ago the SEC penalized three AIG affiliates $7.5 million for charging $2 million in extra 12b-1 fees as a result of directing
Policy Insanity, Now the Real Fiduciary Questions, and Back to Investing Basics
They say less is more, and nowhere is that more true than in 401k participant fee disclosure.
If fee disclosure is a disease, education is the cure.
Here’s a checklist that will make the lives of 401k plan sponsors much easier.
Government butting in, Fonz as Fiduciary and the clash of the investing theory titans.