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[Turbineguy]

This message was self-deleted by its author (Turbineguy) on Mon Jun 13, 2016, 07:15 AM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.

[abelenkpe]

1. K&R

[elleng]

2. Some observers believe conflict issues would be alleviated under a new rule

that requires all advisers to act as "fiduciaries" in giving retirement advice—to act in their clients' best interests. Justifying the sale of high-commission products, when there are low-fee alternatives, would become difficult. The rule, which came out of the Department of Labor, has been wending its way through the political process.'

They've fought like hell to see to it that this 'new rule' would NOT take effect; REMEMBER THAT.

[mahatmakanejeeves]

4. Google "Phyllis Borzi" at DU.

Google "Phyllis Borzi" at DU.

Employee Benefits Security Administration

Hoo-wee: so many links here:

Conflict of Interest Proposed Rule

Some helpful links in general:

Google "Phyllis Borzi" at DU.

Google "Borzi," as in Phyllis Borzi, the Assistant Secretary of Labor for the Employee Benefits Security Administration.

If you never do anything else today, watch this video. It was broadcast on April 23, 2013.

Tonight on FRONTLINE: The Retirement Gamble

Phyllis C. Borzi appears in the show.

Please see the article about excessive 401(k) fees in the September 2013 issue of Consumer Reports

There's a ton of information here:

Employee Benefits Security Administration

Understanding Your Retirement Plan Fees

Maximize Your Retirement Savings - Tips on Using the Fee and Investment Information From Your Retirement Plan

Full disclosure: I have money in Vanguard funds.

Vanguard offers funds with active management, Jack Bogle's beliefs notwithstanding. It's like your grocery store. You can buy broccoli there, and you can buy chocolate-covered marshmallows there. They leave the choice up to you.

[elleng]

5. Thanks