Last week seemed a lot like 1968,… and not because mindless protesters were making the news.
Tag "Fiduciary Rule"
Will this be known as the week we lost the fiduciary standard?
The Fiduciary Standard is American as motherhood, apple pie and Quaker Oatmeal.
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?
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.
Both sides of the fiduciary debate suggest their view reduces retirement investor costs. They can’t both be right. Luckily, the marketplace offers a real testing ground, leaving only one question: Who does the DOL protect – the industry or the investor?
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Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 10/7/11
A flurry of a week that saw lawmakers go back to the future, the brokers get more than they bargained for and another good “teachable moment” for investing.