26 Apr 2013

Hedge Funds Also Charge High Fees, But Fail To Beat the S&P 500 Index

There is more bad news for hedge funds, which saw $1 trillion in redemptions in 2007-2008. A new study in Alpha magazine study shows there is more good reason to question hedge funds. The reason: Most do not even beat the S&P 500 index. Plus, the managers also don’t pay

25 Apr 2013

Barbara Roper of Consumer Federation Reacts to Frontline Show, “The Retirement Gamble”

Barbara Roper, Director of Investor Protection, Consumer Federation of America, is one of the few people representing individual investors in the U.S. But she and the federation have a tough job.  They have to present the interests of individual investors to an apathetic Washington audience who responds better to the

24 Apr 2013

PBS Frontline Airs Powerful Segment on the Nation’s “Retirement Mess”

Advocates for passive investing, mutual fund fee disclosure, fiduciary reform and the critics of the nation’s poorly designed $10 trillion 401(k) and retirement industry gained some high ground in this critical debate last night (April 23, 2013) in the PBS Frontline segment, “The Retirement Gamble.” Host and co-writer Martin Smith

22 Apr 2013

Reacting To Bad News–How Plan Sponsors and Fund Companies Can Respond to the Frontline Show, “The Retirement Gamble,” that aired April 23

Crisis management is a well-discussed topic in corporate PR.  So it should not be surprising that the upcoming PBS Frontline segment, “The Retirement Gamble,” slated to air April 23,  should focus more attention on excessive fees and how they hurt investor returns. (Check local listings here.) This rare national airing

15 Apr 2013

PBS’ “Front Line” To Air Critique of 401(k) Plans on April 23, 2013

401(k)s are the achilles heel of employer-employee relations since many plans are not well supervised and managed with an eye on containing fees and expenses. These higher fees cost participants thousands of dollars over their working careers and are designed to benefit 401(k) plan administrators, not workers. When combined with

02 Apr 2013

Washington’s Regulatory Revolving Door Keeps Spinning

Regulatory capture, or the practice which occurs when government regulators become too friendly with the industry they are regulating, is a well-documented sociological-political event. It happens in every industry regulated by state and federal governments, especially those agencies which regulate the financial services industry.  What makes regulatory capture among financial