It turns out it’s not a question of “either/or” but more of the interconnectedness of “Yin/Yang.”
Basic Members
We hold these fiduciaries to be self-evident… This is not the beginning of the end, it is the end of the beginning…
“There is no upside for an employer doing everything perfectly with their retirement plan. The downside risk, however, can be huge. It’s a risk that just isn’t worth the employer taking.”
The DOL’s new Rule both discourages and permits continued conflicts-of-interest.
Each of these is dripping with overtones from the lessons of behavioral finance.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 6/3/16
Fiduciary suit, a fee Gotcha! and an indexing Oops!