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 "Ric Edelman"
“In the future, people will look back on today’s era with wonder and astonishment, finding it hard to believe there once was a time when the standard was not applied – just as people today look back at racial segregation, women’s suffrage and similar eras.”
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 5/23/14
Flyover America Acts, SEC babbles and How to Get Better Investment Returns.