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With all the hoopla from the DOL about their new “Conflict-of-Interest” (aka “Fiduciary”) Rule being about fees, it could be there’s a bigger and more dangerous conflict-of-interest that has absolutely nothing to do with fees.

I was recently reminded of this in a revealing interview with Princeton’s Andrew Golden (see “Exclusive Interview: Andrew Golden Reveals the Huge Fiduciary Conflict-of-Interest Nobody Talks About,” FiduciaryNews.com, September 22, 2015). What struck wasn’t that I had overlooked it (in my real job, I’m forced to deal with it every day), but that the vast array of talking heads have ignored it.

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