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The industry speaks out for change to stop bad behavior; plus, poll highlights show what advisors really think of his comments.
Maybe it's the overwhelming spirit of the season, but spending that bonus on a big gift removes the real benefit.
The evolution of America's most commonplace retirement savings vehicle all but demands this optional instrument.
What happens in the next sustained bear market? Will the public think it was duped because "fiduciary" failed to protect their downside?
It's OK for 401(k) plan sponsors to be anxious. That's normal. It's also normal to find a solution that will alleviate that anxiety.
Risk stands in the middle of one of investing's greatest mixed metaphors.
If more sponsors are realizing the need for more holistic advice beyond the retirement plan, this bodes well for the company.
There's a pot of MEP gold at the end of the rainbow for all parties, but trade associations must take that brave first step to get it.
Retirement experts and stakeholders at the Aspen Institute's Leadership Forum on Retirement Savings agreed these ideas could help.
Herein lies the fiduciary conundrum: You must act in your client's best interest. But what's in your client's best interest?
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