At what point does acting solely for the benefit of the beneficiary cross the line into acting in behalf of one’s self-interest?
Conflicts of Interest
In the rush to get the headline, did the mass media just do a grave disservice to 401k plan sponsors and investors?
There’s no turning back. The cat is out of the bag. Regulators or not, the marketplace seems to have already made the decision to adopt the fiduciary standard.
401k plan sponsors may discover the Fee Disclosure Rule may be more hazardous than healthy.
Are the purported lower fees of bundling real, or are they a figment of some marketing department’s imagination? Worse, are bundled services really a fiduciary trap?
Worse, “all-in” might not be all it’s meant to be, possibly invalidating other results from the same survey. Here’s why.
The ICI comes out with a study that makes it look easy, but what’s the catch?
Is this the last gasps of a dying business model whose ruins new life seems destined to find rebirth?
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?
