[Opinion]

11/2/2006: On Fee Disclosure and Clarity (Nevin Adams via PLANSPONSOR Perspectives)

Excerpt: I, for one, am sick and tired of having to fork over redemption fees self-righteously imposed by firms that not so long ago saw fit to profit richly from illicit and profitable arrangements they deliberately struck. I'm weary of 12b-1 fees ostensibly imposed to benefit investors with lower fees resulting from broader fund distributions -- but that somehow never seem to achieve that result no matter how broad that dissemination.