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Managing Director - Operations, Benefits Daybright Financial
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The Wall Street Journal's Contribution to the Fiduciary Argument
ThinkAdvisor
[Opinion] Aug. 30, 2011 "[I] was particularly dismayed to read the August 12 WSJ editorial entitled 'The Borzi Savings Bomb,' with the tagline: 'An Obama appointee concocts a fictional crisis that will have real costs.' Apparently, in today's highly charged political environment, even the Journal editorial staff is unable to look beyond partisanship to examine an important issue on its merits, alone. As the title and tagline suggest, WSJ editors are upset with Assistant Labor Secretary Phyllis Borzi's attempt to provide IRA investors with the same protections that other retirement savers have in pension plans including defined benefit plans, 401(k)s, and 403(b)s." MORE >> |
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