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With Metropolitan Life Insurance Company et. al. v. Glenn, the Pigeons Come Home to Roost
Webb Says blog
[Opinion] June 25, 2008
Excerpt: Since 2004, we have warned Fiduciaries of ERISA Plans about the Plans' Consultants wearing multiple hats and performing multiple responsibilities. We repeatedly said the way to avoid conflicts of interest is to only do one thing: actuaries be actuaries, investment advisors monitor investments, insurance agents sell insurance, etc.
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