Time for public 401k plans to replace public pensions; Will people listen to Bogle; and What not to expect from disclosure.
Tag "disclosure"
Borzi: “…the average person would prefer to work with people who are legally required to provide unbiased investment advice and put the client’s interests first.”
Pension Ponzi run amok, rebooting 408(b)(2) and the folly of investment products.
Would you trust the state with your 401k? Proof Fee Disclosure Failed and the Fiduciary battle rages on.
As bad a some industry players are, it’s always caveat emptor. Both plan sponsors, in their role as fiduciaries, and 401k investors must assume personal responsible and be accountable for their own retirement.
In choosing ratings points over debate points, Smith sacrificed the logic of the straight-forward for the pyrotechnics of a religious argument, and, in doing so, lost credibility with that portion of his audience that knew better.
DOL about to bring down the hammer? Are costs a red herring? and other retirement worries.
Will this be known as the week we lost the fiduciary standard?
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 3/7/14
Fiduciary Tango Continues, the 401k Fee Treasure Map and KISS Investing.