What is motivating the government to offer a product when there are already better free market alternatives available?
Ron also says to “sunset” BICE, eliminate all conflicts-of-interest, and don’t trust FINRA.
While everyone’s talking about the potential impact the DOL’s proposed new Fiduciary Rule will have on IRAs and the brokerage industry, the greater impact may be on recordkeepers within the 401k industry.
A spreading menace, investors don’t know fiduciary, and have index funds jumped the shark?
The DOL is poised to endorse the continued use of the very fees it claims are costing retirement savers billions per year.