Regressing to the Retirement Plan Mean, Mapping the Brave New Fiduciary World, and is your Risk out of Date?
Absent any objective definition of ‘excessive’ and ‘reasonable,’ 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?
Policy Insanity, Now the Real Fiduciary Questions, and Back to Investing Basics
He says it doesn’t pass the basic smell test, and that’s just warming up…
Any regulation that requires 10 pages of explanation for every page of regulation is bound to have something good, something not-quite-good-enough, and something not-so-good.
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.