Let’s not just blame certification providers. Government agencies responsible for monitoring and enforcement are also responsible for market confusion and the dilution of the “fiduciary” standard.
Tag "CFP"
Here’s an inside look at what’s been making all those headlines the last few years, and maybe what might be making headlines in the next few years.
Worse, those held accountable for the potential damage of the flaw are not these detached organizations, but the professionals implicitly promoting the festering error – regular people ranging from bank trustees hired to guard the interests of beneficiaries to retirement plan sponsors and trustees responsible for protecting their employees.
We asked financial professionals across the nation for their thoughts on the SEC’s effort. As you might imagine, it’s clear Regulation Best Interest has some good points and some not-so-good points.
State-run wrongs, advice vs. sales, and the consequences of fee compression.
Marketing fiduciary, yes, conflicted fees matter, and exposing Index Funds
The real retirement crisis, dumbing down fiduciary, and solving wrong problems.
Fiduciary freedom, colleges getting schooled on fees, and the virtue of investing patience.
DC dissing retirement savers, can annuities survive Fiduciary Rule, and fee scrutiny changing 401k world,
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 5/4/18
Fiduciary Scorecard: SEC down and DOL out; 12b-1 matters; and TDFs might not (in the way you think they do)