“Industry participants also argue that the rule transforms one-off transactions into fiduciary relationships in violation of the common law, but the common law of the states is divided on this, and there is a need for a federal standard regulating investment advice fiduciaries.”
Tag "Lockheed Martin"
Time for public 401k plans to replace public pensions; Will people listen to Bogle; and What not to expect from disclosure.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 2/27/15
The pension implosion, the fiduciary explosion and retirement plan fee corrosion.