So it comes down to this. Two fierce competitors. Toe to toe. Science vs. politics. Actually, it's more like a tag-team event – science partnering with philosophy in one corner and politics and big business together occupying the other. It has all the makings of a classic confrontation, filled with enough drama and intrigue to leave you guessing the outcome right up until the very end.
Who'll win the 2012 War for a Uniform Fiduciary Standard?
I'm too jaded to even speculate, but allow me to at least report on the goings-on of science and philosophy whilst the industry (rather successfully) played its lobbyist games in Washington. The industry took advantage of a poorly played gambit by the SEC in early 2011 to lay the foundation of a political argument that would eventually carry the day, or at least last summer.
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Christopher Carosa
Chris Carosa has been writing a weekly article and monthly column for BenefitsPRO online and BenefitsPRO Magazine since 2011 and is a nationally recognized award-winning writer, researcher and speaker. He’s written seven books, including From Cradle to Retire: The Child IRA; Hey! What’s My Number? – How to Increase the Odds You Will Retire in Comfort; A Pizza The Action: Everything I Ever Learned About Business I Learned By Working in a Pizza Stand at the Erie County Fair; and the widely acclaimed 401(k) Fiduciary Solutions. Carosa is also Chief Contributing Editor of the authoritative trade journal FiduciaryNews.com and publisher of the Mendon-Honeoye Falls-Lima Sentinel, a weekly community newspaper he founded in 1989. Currently serving as President of the National Society of Newspaper Columnists and with more than 1,000 articles published in various publications, he appears regularly in the national media. A “parallel” entrepreneur, he actively runs a handful of businesses, including a small boutique investment adviser, providing hands-on experience for his writing. A trained astrophysicist, he also holds an MBA and has been designated a Certified Trust and Financial Advisor. Share your thoughts and story ideas with him through Facebook (https://www.facebook.com/christophercarosa/)and Twitter (https://twitter.com/ChrisCarosa).
