Even as the noose tightens on 401k fees, the DOL increases fiduciary liability with its new Investment Advice Rule. And, just what is going on at Ameriprise?
Tag "Fiduciary Rule"
The pendulum again swings in favor of the fiduciary standard as the DOL threatens to come after service providers regarding questionable fees. In the meantime, the battle between Modern Portfolio Theory and Behavioral-based solutions gets hotter.
Last week seemed a lot like 1968,… and not because mindless protesters were making the news.
Will this be known as the week we lost the fiduciary standard?
The Fiduciary Standard is American as motherhood, apple pie and Quaker Oatmeal.
Has the SEC screwed the pooch regarding the uniform fiduciary standard? Will the same politics infect the DOL’s proposed Fiduciary Rule and Fee Disclosure Rule?
Is this the last gasps of a dying business model whose ruins new life seems destined to find rebirth?
With Congress in recess, the anti-fiduciary lobbyists have moved to major media outlets. Meanwhile, we’re continually discovering government regulation too often produces Rube Goldberg fiascos like target-date funds.
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 11/11/11
On hypocrites, backward-thinking, overconfidence and just how helpful is a disclosure rule if no one reads what’s being disclosed?