Just as a major brokerage firm begins to yield on its opposition to the fiduciary standard, the co-author of the bill compelling the SEC to look into it tells the regulator to lay off brokers. And that’s only the beginning. We’ve also see cracks in the cult of ETF (or is it indexing?).
Tag "income investing"
It was a bad week for fans of pensions, ETFs and annuities. At least we had Babe Ruth to save us.
Data here reveals the amazing truth about the success of total return investing. So, what’s a plan sponsor to do?
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 6/17/11
This week we learn to ask the question: “If the regulators don’t care, why should the investors?” Which is like saying “If the police don’t care, why should the victims?” On a brighter note, John Bogle isn’t happy he’s been proven wrong.