You may not remember this, but several months ago the SEC penalized three AIG affiliates $7.5 million for charging $2 million in extra 12b-1 fees as a result of directing
Tag "12b-1"
“The SEC systematically failed to enforce for the past two decades, and now the DOL has by necessity forced the issue.”
Welcome to FiduciaryNews.com Trending Topics. Each Monday, we’ll give you a quick synopsis of the major news events and trends impacting ERISA plan sponsors, 401k fiduciaries and those in the
Welcome to FiduciaryNews.com Trending Topics. Each Monday, we’ll give you a quick synopsis of the major news events and trends
The State in Flux, “Fiduciary” as product, and 12b-1 redux.
Don’t be surprised if this collective wisdom confirms certain instincts you have always possessed, drives a stake in the heart of a myth you’ve long embraced, and opens your mind to an idea you’ve never thought to consider.
Ron also says to “sunset” BICE, eliminate all conflicts-of-interest, and don’t trust FINRA.
Punting Pensions, Uncovering Hidden Fees, and Investing Concerns.
Is the DOL about to give brokers everything they want?
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 7/29/16
Insane compliance, a whole new fiduciary world, and bad news for index funds