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ru24.net
World News in Dutch
Май
2016

Campaign For Investors -- Help for You

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Just in time, some very powerful forces are lining up on the side of the individual investor vs. those in the financial services industry who have been overcharging and urging investors into flawed products. The timing is critical because the baby boom generation is rolling trillions of dollars out of company 401(k) plans and into IRAs -- and wondering what to do with their money.

It started with the Labor Department's fiduciary rule, and now the Fiduciary Institute has launched the Campaign for Investors. I attended he kickoff in Philadelphia last week. The event featured speeches by John Bogle, the legendary founder of Vanguard and creator of the index fund concept, and Phyllis Borzi of the Department of Labor, who can take credit for the new DOL fiduciary rule.

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