Isn’t it ironic that the very people who 401k plans were created to benefit have decided it’s easier to ignore the maze than to constructively participate. Allowing the 401k to evolve up to today’s technology will solve many problems.
Commentary
Some surprises of shoddy reporting in what might normally be considered a quiet week. And some good reporting, too.
Join us in giving thanks to all the news that 401k plans generate. There’s a special gem this week – maybe a hint at how the SEC will rule on the fiduciary standard.
An expected study reveals ETFs may be more dangerous than originally thought – and the nearly trillion dollar industry tries to shoot holes in it. Meanwhile, are we taking a giant step backward in reforming 12b-1 fees and the fiduciary standard?
If you’ve come to Fiduciary News for the water, then this week’s trending topics is just for you. It starts with a whole list of bad investment ideas, includes the continuing dilemma of pensions and a fiduciary fight and ends with a future issue.
If you give yourself some time to file an article you tend to be a little bit more thorough. It’s kinda like why “the fastest guns in the West” didn’t survive too long – they didn’t take the time to aim. This week’s news stories aimed well – and hit!
Just as we get the fallout from the new DOL fee disclosure rule, the DOL hits 401k Plan Sponsors with another whammy – a new definition of Fiduciary.
You won’t believe some of the articles that appeared this week – and supposedly high end publications!
What does the Fiduciary Standard, upside down mutual fund conventional wisdom and dullard annuities all have in common?
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 12/3/10
In a week that featured the DOL’s new Target Date Fund disclosure proposal, angst over delayed reforms remains.