AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
Compass
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
401(k) Industry Howls as DOL Lets State Governments Become DC Providers with Advantageous Exemptions
RIABiz Dec. 11, 2015
"The good news is that states will bring more competition to a defined contribution industry that badly needs it. But if that competition exists on a less-than-level playing field, it starts to feel like a government subsidy ... The lack of outcry about a proposed system ... speaks loudly to how baffling all this is to observers.... Advisors and their watchdogs are not yet of one mind about the Obamacare-evoking government 401(k) providers: They see a way to bring unadvised assets out from under the mattresses but are also leery that a monster is being created."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |