A better question: Why don’t enough 401k plan sponsors ask this important fiduciary question?
Tag "DOL"
Last week seemed a lot like 1968,… and not because mindless protesters were making the news.
Will this be known as the week we lost the fiduciary standard?
The Fiduciary Standard is American as motherhood, apple pie and Quaker Oatmeal.
The research has been around for more than a decade. Why do regulators and the industry ignore it?
Has the SEC screwed the pooch regarding the uniform fiduciary standard? Will the same politics infect the DOL’s proposed Fiduciary Rule and Fee Disclosure Rule?
Is this the last gasps of a dying business model whose ruins new life seems destined to find rebirth?
Read the fallout from the mass market media op-eds that take opposite sides in the fiduciary standard debate while both taking flack from just one side – those in favor of the fiduciary standard.
With Congress in recess, the anti-fiduciary lobbyists have moved to major media outlets. Meanwhile, we’re continually discovering government regulation too often produces Rube Goldberg fiascos like target-date funds.
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 10/21/11
The pendulum again swings in favor of the fiduciary standard as the DOL threatens to come after service providers regarding questionable fees. In the meantime, the battle between Modern Portfolio Theory and Behavioral-based solutions gets hotter.