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Is ASPPA Really Interested in Disclosure to 403(b) Participants? Here's Their Chance to Prove It
The Meridian Blog Link to more items from this source
[Opinion]
Jan. 23, 2012

"While I think Single Vendor [for 403(b) programs] is the best route, I am also a realist and understand that a single vendor environment is not going to happen overnight .... It got me thinking about what can be done to protect current participants who are stuck in a non-oversight multi-vendor program or even a program that does have oversight but has multiple vendors.... I am calling on ASPPA to ... require that those who want to work with public school employees and give 'advice' be a fiduciary and those that sell product must disclose they are NOT advice givers and NOT acting as fiduciaries."

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