Legislative Odds-Making, the True Cost of Low Fees, and When “Safe” Investing Isn’t Safe.
Tag "DOL"
“…anytime we are talking about disclosures, don’t make them like the lovely 404a notices. Make them simple and easy to understand. Otherwise you lose the whole point of the disclosure.”
Be wary of these regulatory plugs, marketing buzz, and investment fads.
For 8 years as Assistant Secretary of EBSA, Phyllis Borzi fought vigorously to protect plan sponsors and retirement savers under the uniform fiduciary umbrella. Here, she answers questions about the past, present and future of the Fiduciary Rule.
Fiduciary Scorecard: SEC down and DOL out; 12b-1 matters; and TDFs might not (in the way you think they do)
The definition of “conflict-of-interest” has become so broadly defined as to render it useless. It’s better to focus on the one conflict-of-interest that, with very limited exceptions, fiduciaries have had to outright ban for centuries. Ironically, in contrast to this precedent, it remains the one conflict-of-interest the DOL expressly permits.
Lotta regulator noise, fiduciary fallout, and DOL comes clean on “social” investing.
SEC punts fiduciary, fees aren’t everything, and old time investing.
One of the nation’s top ERISA attorneys tells us even if the Fiduciary Duty is dead, it’s not. The only question is which part will remain alive and which part with wither on the vine. Fred Reish has an idea, and he tells us here.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 7/27/18
FutureWorld of Retirement, The Zombie Fiduciary, and Treating Social Security Like a Bond.