Gov pulls an Urkel, fees falling in the forest and basic investment questions.
Tag "Supreme Court"
Politics vs. Reality of Fiduciary, fee gibberish from the chattering classes and Woody Allen’s advice to 401k participants.
Do you get the feeling a this fee talk is just sleight-of-hand? There are so many fees, no wonder why investors are confused between the fees that matter and the fees that don’t matter.
This week we learn to ask the question: “If the regulators don’t care, why should the investors?” Which is like saying “If the police don’t care, why should the victims?” On a brighter note, John Bogle isn’t happy he’s been proven wrong.
This week features more bad news from Washington for fiduciary fans, the surprising return of the investment debate, the overly simplistic matter of fees and continued dour forebodings regarding pension plans.
A typical 401k plan fiduciary has no doubt read about this new product. Fiduciary News goes deeper to reveal answers to some of the more critical questions the astute fiduciary might have about BrightScope’s Personal Fee Report.
Mutual fund shareholders can’t have their cake and eat it, too. Indeed, a myth busting professor bluntly states “mandatory fee reductions are likely to injure fund shareholders.”
The Supreme Court will raise the visibility of the fee structure within the investments of nearly half of all 401k plan assets. Just because the powers that be say it’s so, doesn’t necessary mean your average fiduciary can rely on the decree. Indeed, the Supreme Court of the United States appears poised rule in favor of mutual fund shareholders, yet, at the same time, mislead both 401k investors and fiduciaries.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 4/4/14
Courts sound out on Fiduciary Duty, conflicts-of-interest and DOL eyes brokerage windows.