“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…”
Tag "SEC"
“…anytime we are talking about disclosures, donât 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.
The definition of “conflict-of-interest” has become so broadly defined as to render it useless. It’s better to focus on the one conflict-of-interest that, with very limited exceptions, fiduciaries have had to outright ban for centuries. Ironically, in contrast to this precedent, it remains the one conflict-of-interest the DOL expressly permits.
SEC punts fiduciary, fees aren’t everything, and old time investing.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 8/3/18
In an otherwise quiet week, does anyone else think it strange that a whole slew of articles came out on this one particular topic?