Exempting government officials from the same fiduciary standards imposed on private providers places retirement savers at undo risk.
Posts From Christopher Carosa, CTFA
Retirement Policy Ideas, Grasping for Fiduciary Straws, and Redefining Fees.
âMillennials seek instant gratification. Putting money away today to live off of forty years from now isnât nearly as sexy as a trip to Thailand with your girlfriends or tickets to the World Series. Iâm not saying thereâs anything wrong with that, but youâve got to strike a balance between today and tomorrow.”
Ultimately, it will be the tort bar that offers the enforcement and the subsequent consequence for poor decision making on the part of plan sponsors and service providers. Rest assured all sides will be discover the regulatory fence in their once open fields.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 12/2/16
Millennial-Centric Retirement Policy, Fiduciary by any other name, and Why the latest Fiduciary Rule fee move shouldn’t surprise you.