But is that a chance a fiduciary should take with someone else’s money? The answer is so obvious the question should not have to be asked.
Tag "Holmes Osborne"
A good fiduciary must keep a level head and know when emotions drive investors. After all, if they’re not careful, emotion will drive investors right off the cliff.
How much effort does it really take for ongoing monitoring of an index fund or a target date fund? And does that justify the fees advisers typically charge? And is this why the DOL inserted that reference in Q5 of the Fiduciary FAQ?
Solving a political meme does not solve the problem.
Why have these people failed to learn from history and what can be done to prevent them from hurting themselves?
Like lemmings to the sea, retirement savers default to a controversial product.
His heart may be in the right place, but this industry icon nearly put his foot in his mouth by forgetting the very economic lessons that allowed him to be so successful.
If you give 401k investors enough rope, are you responsible if they hang themselves?
In that drive for ratings points, producers often – willingly or unwillingly – must make a pact with the devil.
