Mutualfundreform.com

Maybe it’s an indication of the End Days, or at least the start of a new bull market, but the news today had a number of events which all shared the common themes of greed and rampant ethical abuses among people in the  financial services industry.  Here  are the specifics:

Whether it is due to demographics or the dismal performance of the stock market or the weak economy, the focus on retirement income has never been greater. So while much of the media’s attention is focused on the big picture, the bulk of Americans approaching and saving for retirement through their 401(k) plans have been left behind to fend for themselves. Enter Charlie D. Epstein (no relation), who has developed…

With over $ 270 billion in assets, target-date funds (TDFs) continue to be the default provision favorite for millions of future retirees as part of the Pension Protection Act of 2006.  But despite their wild popularity, TDFs have yet to overcome what many consider some fundamental design flaws that make them the less-than-perfect default investment choice for millions of investors. One of these major shortcomings occurs when a person actually…