The financial news media and the investment industry constantly bombards employees with reminders to save for environment. Itās probably the most recognized financial goal people have. Could it be, then, that society has built up such an aura around retirement that the anticipation exceeds the actual event?
Tag "Fiduciary Rule"
āIn 5 years, I think investors will be considerably worse off if SEC does go forward with its proposals without substantial change.ā
Still, if one has confidence the marketplace will drive the industry towards focusing on the best interests of clients, then a de facto fiduciary standard can emerge organically, without overt reliance on regulators.
We asked financial professionals across the nation for their thoughts on the SECās effort. As you might imagine, itās clear Regulation Best Interest has some good points and some not-so-good points.
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Is the DOL’s Defunct Rule a Fiduciary Obi-Wan: More Powerful Dead Than Alive?
“Pick a laneā¦ please. Why is the SEC living in the land of ambiguity? Lead, follow, or step aside. I may not agree with Ken Fisher very often but on this point, I believe he nailed it…”
In an otherwise quiet week, does anyone else think it strange that a whole slew of articles came out on this one particular topic?
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 10/26/18
MEP Fever and Carly Simon sings “Fiduciary” (to the tune of “Anticipation’).