Claims by politicians and industry lobbyists (is there a difference?) suggest costs will increase if the DOL changes the definition of Fiduciary. Heres a way to test that hypothesis.
Leave the nanny state idealism to the government. There’s no reason why companies should continue to burden themselves with ex-employees’ retirement assets. It’s time for those who leave employers to act with self-responsibility (and self-interest).
Behavioral economics research discovers “common sense” 401k plan policies are more myth than reality. What can plan sponsors do to help improve their plans – at least from their employees’ perspective?
With no less than the Magna Carta setting precedent for prioritizing income, American fiduciaries for more than a century followed the principles set forth in an 1830 court ruling. A watershed 1969 report, later confirmed by research, forever changed the landscape and pointed the fiduciary away from income and towards...