Index investing, as evidenced through last year’s flash crash and this year’s market volatility, may have all the markings of a classic economic dilemma all 401(k) plan sponsors must be aware of before jumping into the wonder world of ETFs – the free rider problem.
Why are 401(k) plan sponsors needlessly increasing their fiduciary liability? Here’s a simple fix that too many companies neglect to — or worse, improperly — address with their ERISA plans.
Are Republicans pulling a Boehner on the fiduciary issue? Or should we blame the SEC for this SNAFU from the political party voted most likely to be a CPA? Don’t they realize they’re asking for the moral equivalent of death panels?
With Democrats in Massachusetts pulling a Wisconsin on their public unions, headlines screaming widening funding gaps in pensions of all sort and even Washington politicians coming ever so closer to touching the dreaded third rail.
Like the Wild West, the ETF world sees innovation and peril around every corner. Do these investment products represent the next evolution or are they destined to expose the disheartening dangers of introducing behavioral consumerism to complex decision making. After all, doing a bad thing faster only hastens the onset...
A decade of legislative attacks and regulatory missteps capped off by the biggest market collapse since the Great Depression appears to have ended the long ride of American Capitalism. If this sounds merely theoretical to you, then don’t read this because it’s not going to be good for your 401(k)...
Last summer, the SEC took a simple task – leveling the playing field between the different entities that can legally provide investment advice – and made a political hot potato out of it.