Be careful what you wish for because sometimes the cure can be worse than the disease.
Tag "DOL"
For all the talk and concern about Congress cutting the contribution caps for 401k plan, the real news appears to be just the opposite. Sometimes, it’s better to wait for the final result rather than get worked up about what you think may happen.
401k Caps Survive, Fiduciary Time-Out, and the Stocks Shall Rise Again!
For that to work, however, it’s not enough to change the titles brokers use – to make them call their sales representatives “salespeople” and call their services “sales recommendations” – you’d also have to completely change the way they market themselves so that their marketing messages are consistent with their regulatory status.
State pension implosion, a regulation without teeth, and the fee-value correlation.
Pensions falling, pushing back fiduciary goal posts, and investment Lorelei Signals.
401k rising, the Fiduciary Rule’s long goodbye, and a fee trend worth continuing.
Is there really a retirement crisis? A fiduciary can of worms? And what’s a reasonable fee?
The church rises as the state falls, fiduciary fireworks, and the coming investment civil war.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 11/10/17
Horse trading, sales/advice, and market tops.