A greedy government grab, more fiduciary follies, and investment “rules” exposed as sales pitches.
Ron Rhoades explains how and why we lost the fiduciary standard and why that might be a good thing for bona fide fiduciaries.
Gov problems not related to “shutdown,” SEC to water down Fiduciary Standard? and more investment follies
Borzi: “…the average person would prefer to work with people who are legally required to provide unbiased investment advice and put the client’s interests first.”
The week reveals the sometimes uncomfortable truth about fees, fiduciary and fixed income.
An old case suddenly takes on more relevance as the DOL may have Plan Sponsors in their cross-hairs.
Join us in giving thanks to all the news that 401k plans generate. There’s a special gem this week – maybe a hint at how the SEC will rule on the fiduciary standard.