“I was [once] a major skeptic of the use of annuities, I have subsequently changed my mind regarding the efficacy of low-cost fixed and variable annuities in both personal and retirement accounts.”
Tag "Harold Evensky"
What would it take to realize the fiduciary liability of overtly using “risk tolerance” metrics? And what can 401k plan sponsors do about it?
Reg changes, Robo-Fiduciary, and Investment Wisdom.
Ron also says to “sunset” BICE, eliminate all conflicts-of-interest, and don’t trust FINRA.
The Dean of the financial service industry speaks out on robo-advisors, consumer confusion, and the “You” test.
California’s lesson, 401k fee backlash and more silly academic suggestions.
Exposed as misleading as early as 1999, should 401k plan sponsors continue to risk increasing their fiduciary liability by condoning their use?
Washington talks of scrambling nest eggs, DOL smacks poor fiduciaries and silly season for investments.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 2/17/17
State-run backlash, fiduciaries on a pinhead, and still misunderstanding fees.