Archive for the ‘Income’ Category

The new fiduciary rule: strengths, limits, and politics

April 25th, 2016

OTEers know I’ve long been concerned about economic security in retirement among aging Americans whose limited earnings and savings threaten to generate inadequate income replacement rates once they’ve aged out of the workforce. That’s one reason for my frequent scribblings on behalf of the new “fiduciary rule,” limiting conflicts of interest among financial advisors providing… Read more

We must not allow scare tactics to derail the conflict-of-interest rule

October 20th, 2015

[This post was written jointly with Lily Batchelder.] In objecting to our op-ed on the importance of ensuring that financial advisors place their clients’ best interest ahead of their personal profits, Dirk Kempthorne, the President and CEO of the American Council for Life Insurers, offers a misleading argument, built on a large, incorrectly cited number…. Read more