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krow36

Tony Isola On No Fiduciary Standard For Non-Erisa 403B Plans.

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"Whenever laws are proposed to try to equal the playing field between 403(b) plans and the 401(k), insurance company lobbyists spring into action to protect their illegitimate cash cow.

While they have won the battle, reform-minded advisors, districts, politicians, and unions will win the war. These insurance companies are clearly on the wrong side of history.

The more stories like these are publicized, the louder the cry will become calling for progressive reform of the 403(b).

http://tonyisola.com/2016/03/rich-plan-poor-plan/

Worth a read!

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