Borzi: “…the average person would prefer to work with people who are legally required to provide unbiased investment advice and put the clientâs interests first.”
Tag "top 10"
It’s like winning the lottery. In exchange for getting money you wouldn’t have otherwise received, you’ll have to give some of it to Uncle Sam. Uncle Sam gets more taxes. You get more money. It’s a win-win!
“High” fees are not necessarily “bad” fees, and plan sponsors who don’t know why this is so may be in for some trouble.
It’s an answer everyone is searching for – and it just might surprise you.
If you give 401k investors enough rope, are you responsible if they hang themselves?
If they only stayed on the straight and narrow path, they would have proved their point.
If maintaining fiduciary due diligence were easy, they wouldn’t publish a list like this.
An old case suddenly takes on more relevance as the DOL may have Plan Sponsors in their cross-hairs.
Bonds and bond funds alike suffer from rising interest rates, but bonds are protected in ways bond funds are not. Does the typical 401k investor know that?
