Regulators (including the DOL) seem intent on splitting the baby in half by allowing two incompatible business models – one fiduciary with no self-dealing fees, the other non-fiduciary with conflict-of-interest fees – to coexist within the same market. Does this mean “fiduciary” has lost its inherent advantage?
Tag "Michael Kitces"
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“The SEC systematically failed to enforce for the past two decades, and now the DOL has by necessity forced the issue.”
Retirement’s Oliver Hardy Moment, Kitces’ Catch-22, and media disses equities.
Someone who visits the doctor for a regular check-up pays more than someone who doesn’t. Guess which one is healthier.
These Five Developments Dramatically Changed the Retirement Fiduciary World in 2016
In a year that was marked with uncertainty, the biggest development of 2016 might be that it just didn’t matter.