Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
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|Sen. Warren Drives White House Message on Fiduciary Regs at Senate Hearing|
American Society of Pension Professionals & Actuaries [ASPPA]
Mar. 16, 2015
"According to the senator, one of the consequences of the shift from defined benefit retirement plans to defined contribution plans, is that Americans are now forced to rely on investment advisors and broker-dealers who 'can legally take kickbacks from selling Americans lousy products' and 'peddle lousy products that line their own pockets while they drain the savings of their clients.' "
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