State Run Plans DOA? Fiduciary’s Long Goodbye? and Products Trump Investments?
Ron also says to “sunset” BICE, eliminate all conflicts-of-interest, and don’t trust FINRA.
When a reputed home run hitter with such a pronounced track record of striking out wants to join your team, what do you do?
Low fees are no substitute for veteran fiduciary experience.
Can a Swiss Cheese argument add any value to solving important issues that really exist?
Ron Rhoades explains how and why we lost the fiduciary standard and why that might be a good thing for bona fide fiduciaries.
What might surprise you the most is how easily the industry will adapt to the new fiduciary guidelines.
The DOL’s new 401k Fee Disclosure Rule, while its effectiveness might be suspect, has empowered plan sponsors.
The SEC is asking “how do we constrain fiduciary” instead of the other way around.
Will retirees pay for Washington’s fiscal mismanagement? Has pinning the fiduciary onus on plan sponsors been the wrong approach all along? And more…