If all these researchers consistently show investors make less money going through brokers, why are brokers still in business?
Tag "NBER"
Employees base their decisions – both good and bad – on even the smallest cues, and that only increases 401k plan sponsor fiduciary liability.
Both sides of the fiduciary debate suggest their view reduces retirement investor costs. They can’t both be right. Luckily, the marketplace offers a real testing ground, leaving only one question: Who does the DOL protect – the industry or the investor?
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 11/24/17
Celebrating a week of thankfulness, for bad news headlines, continuing interest in fees, and that ever open mind searching for the “coming (investment) thing.”