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.
Tag "fiduciary"
The wrong way to save retirement, the truth about “clean” shares, and Investing: It’s all your fault!
Compliance test, plan sponsor fiduciary awareness, and the similarity between Paul McCartney’s grandfather and the future of mutual funds.
State-run wrongs, advice vs. sales, and the consequences of fee compression.
The GOT system offers a viable and practical alternative to relying on outdated MPT tools. Although still widely in use, MPT-based calculators and analyzers can sometimes lead retirement savers to make decisions that aren’t in their best interest. That statement alone should trigger concerns from the mindful fiduciary.
So one wants his epitaph to read “Here lies John Doe. He beat the S&P 500.” There needs to be an easy-to-understand and easy-to-implement system that properly reflects both your goals and the consequences of failing to meet those goals. Retirement savers want and need a system that represents a better way to set and meet retirement goals.
Is there really a retirement crisis? A fiduciary can of worms? And what’s a reasonable fee?
HSA in fiduciary cross-hairs, fiduciary first thoughts, and a new investment hope.
The Changing Retirement Landscape, Cheap Fiduciary Talk, and See, We Told You So!
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 11/10/17
Horse trading, sales/advice, and market tops.