For all the good intentions, however, what will happen when the rubber finally meets the road? Will the new DOL Fiduciary Rule really level the playing field?
Tag "Fiduciary Standard"
![Have The DOL’s Fiduciary Efforts Made Things Worse?](https://fiduciarynews.com/wp-content/uploads/2023/01/Too-Many-Chefs-tr-ng-trung-c-p-kinh-t-du-l-ch-thanh-ph-h-chi-minh-cet-GF_XTjtTSgc-unsplash-660x395-1-scaled-505x306_c.jpg)
Let’s not just blame certification providers. Government agencies responsible for monitoring and enforcement are also responsible for market confusion and the dilution of the “fiduciary” standard.
![Why Phyllis Borzi is Now Pessimistic On the Plight of a Uniform Fiduciary Standard](https://fiduciarynews.com/wp-content/uploads/2018/05/6750857759_4d78b9d01d_b-660x395-505x306_c.jpg)
“In 5 years, I think investors will be considerably worse off if SEC does go forward with its proposals without substantial change.”
![What Will the Fiduciary Standard Look Like in Five Years?](https://fiduciarynews.com/wp-content/uploads/2018/09/future-1239052-660x395-505x306_c.jpg)
Still, if one has confidence the marketplace will drive the industry towards focusing on the best interests of clients, then a de facto fiduciary standard can emerge organically, without overt reliance on regulators.
![FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 2/9/18](https://fiduciarynews.com/wp-content/uploads/2018/02/1020805_25983300_Trending_Topics_2018.02.12_stock_xchng_royalty_free_660x395-505x306_c.jpg)
Top-down retirement policy ideas, “What? I pay Fees?” and what we remember (and don’t) about market volatility
![Exclusive Interview: Harold Evensky on Fiduciary: The Name is the Game](https://fiduciarynews.com/wp-content/uploads/2018/01/Harold-Evensky-Crystal-Picture-High-Resolution-660x395-505x306_c.jpg)
“There is no practical difference between ‘adviser’ and ‘advisor’ in the eyes of the customer. Both suggest a level of relationship well beyond the standard of a brokerage relationship.”
![Fiduciary Standard Quandary: First Avoid “Harm”onization](https://fiduciarynews.com/wp-content/uploads/2017/11/poison-apple-1315219-660x395-505x306_c.jpg)
Be careful what you wish for because sometimes the cure can be worse than the disease.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 4/5/19
New regulatory guidelines, Will fee “clarity” lead confusion? and What’s on your menu?