Steve Schullo is working to shed light on the awful shortcomings of K-12 403(b) plans.

If investment experts cannot identify all the actual costs and beneficial relationships in a 403(b) contract, how can decision-makers at school districts ever do so?

Will the DOL jerk the football away from those advocating for the fiduciary standard?

A leaked White House memo may have offended some in the financial-services industry, but resistance to a fiduciary standard should be causing more outrage, writes Scott Simon.

W. Scott Simon analyzes a series of agreements between a large insurance company and a K-12 school district.

Fiduciaries must temper investors’ attraction to high returns, which can often result in the payment of unexpected taxes and exposure to unexpected losses.

The motivations under the non-fiduciary and fiduciary business models are vastly different, which results in the recommendation of quite different financial products for clients, writes Scott Simon.

It just doesn’t stand up to scrutiny, writes Scott Simon.

Choice in the context of a retirement plan means something quite different to providers that aren’t fiduciaries to a plan than to fiduciary plan providers.

If Wall Street were really interested in having a total commitment to the long-term interests of its clients, it would embrace a fiduciary standard, but it does just the opposite.