“…just in case the politicians fail to act and have to scale back the [Social Security] promise, wouldn’t “middle class millionaire” status be a great gift of financial independence?”
Interviews
“The SEC systematically failed to enforce for the past two decades, and now the DOL has by necessity forced the issue.”
Here’s the raw, uncut interview with the straight talking industry giant who was on to “fiduciary” before we even knew what it was.
“There is no upside for an employer doing everything perfectly with their retirement plan. The downside risk, however, can be huge. It’s a risk that just isn’t worth the employer taking.”
This content is not available to your membership level. It is available to: Basic
You may register with FiduciaryNews.com for free to become a Basic Member. You may also upgrade to benefit from premium content available only to Professional and Preferred Members.
You may be seeing this because you did not Login. If you have logged in and are still seeing this, you will need to check your member level is able to access this content.
He says it doesn’t pass the basic smell test, and that’s just warming up…
“Living longer is only part of the new old age – the desire and the market opportunity is how to enable living longer better.”
Would a “Child IRA” be more successful with an associated government matching program?
Popular financial blogger offers thoughts on issues important to financial professionals.
“…if you are operating under the fiduciary standard… the future of regulation may dramatically change the very business model you have come to love; and the reasons you love it are the very same reasons it is under attack.”
Ron also says to “sunset” BICE, eliminate all conflicts-of-interest, and don’t trust FINRA.
