In that drive for ratings points, producers often â willingly or unwillingly â must make a pact with the devil.
Tag "conflict of interest"
The anti-fiduciary standard tirade may merely be the tired last gasps of a once thriving business model.
Are the purported lower fees of bundling real, or are they a figment of some marketing departmentâs imagination? Worse, are bundled services really a fiduciary trap?
A simple heuristic explains the importance of the Fiduciary Rule, blizzard warning on Fee Disclosure, the truth about Stable Value funds and a slew of court rulings.
How many of these questions matter today?
Is this the last gasps of a dying business model whose ruins new life seems destined to find rebirth?
Having no idea what the fiduciary means, and worse, not caring, most IRA R/O investors are sheep heading for their (financial) slaughter. Not anymore, if the DOL’s Phyllis Borzi has her way.
Thus were lines drawn in the sand. Weâre left to wonder if the tide of time will wash away those lines or merely wash away the sense of urgency for a uniform fiduciary standard.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 2/22/13
DC/DB confusion, the real fiduciary issue and a fee fight breaks out.