We asked financial professionals across the nation for their thoughts on the SEC’s effort. As you might imagine, it’s clear Regulation Best Interest has some good points and some not-so-good points.
Tag "SEC"
Is the DOL’s Defunct Rule a Fiduciary Obi-Wan: More Powerful Dead Than Alive?
“Pick a lane… please. Why is the SEC living in the land of ambiguity? Lead, follow, or step aside. I may not agree with Ken Fisher very often but on this point, I believe he nailed it…”
In an otherwise quiet week, does anyone else think it strange that a whole slew of articles came out on this one particular topic?
FutureWorld of Retirement, The Zombie Fiduciary, and Treating Social Security Like a Bond.
“…anytime we are talking about disclosures, don’t make them like the lovely 404a notices. Make them simple and easy to understand. Otherwise you lose the whole point of the disclosure.”
If you’re a fiduciary and you haven’t ask this question, you might want to read this before you make your next decision.
For 8 years as Assistant Secretary of EBSA, Phyllis Borzi fought vigorously to protect plan sponsors and retirement savers under the uniform fiduciary umbrella. Here, she answers questions about the past, present and future of the Fiduciary Rule.
Fiduciary Scorecard: SEC down and DOL out; 12b-1 matters; and TDFs might not (in the way you think they do)
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 8/24/18
Dependency downers, keeping it simple, and here we go again…