28 Jul 2017

New Study Again Cites Importance of Low Fund Fees

It is widely regarded in the modern world that the earth revolves around the sun. Now, it is time for more investors to understand that the fees charged to manage your mutual funds in a 401(k) and elsewhere all reduce your net investment returns. There is a direct connection: the

Chuck Epstein 0
09 Feb 2017

Judge Rules Conflict-of-Interest Has No Place in Investing, But Investors Must Still Beware

When a federal court judge ruled on Feb. 8, 2017 that the U.S. Department of Labor’s fiduciary rule must still stand despite furious protests from the financial services lobby, it did not mean individual investors would automatically be protected from errant financial rep who continue to sell products that are

Chuck Epstein 0
06 Feb 2017

How $17 Billion Annually Goes Into the Pockets of the Financial Industry and Not Investors

What does $17 billion mean to you? If you are an American investor, you should take note since this is your money. If you are in the financial services industry, you should take note because it is the money you get from fees, expenses and rebates that unsuspecting investors pay

Chuck Epstein 0
03 Feb 2017

Caveat Emptor: Trump’s Move to Revoke Dodd-Frank Means More Anti-Investor Initiatives Coming

The Trump administration’s announcement today that it is moving to revoke the individual investor protections is bad news for unsophisticated, individual investors who are having a hard time saving for retirement and making higher return investments. Today’s announcement is the culmination of hundreds of millions of dollars spent on lobbying

Chuck Epstein 0
27 Jan 2017

JPMorgan Chase Faces Fee and Conflicts-of-Interest Charges in Lawsuit

It seems the more it changes, the more it’s the same. Conflicts-of-interest and charging excessive fees seem to be part of the DNA of major banks (such as  Deutschbank and its $10 billion money laundering scheme out of Russia and Wells Fargo), insurance companies and investment firms when it comes to selling

Chuck Epstein 0
15 Jan 2017

Bad News For the Retirement Industry: 401(k)s and IRA’s Fail Compared to Pension Plans and Milton Friedman Was Wrong 

Two of the cherished gems of the investment and retirement industries are being criticized as failing and this means more bad news for Americans planning for retirement. The first gem to be tarnished was shown in an eye-opening research report from the Economic Policy Institute about the failure of 401(k)s and

Chuck Epstein 0
02 Jan 2017

Fees, Revenue Sharing and Deregulation: How the New Trump Plan Will Raise Retirement Costs

The Republicans have never hid their distain for regulation and now with the surprise victory of Donald Trump and his arch conservative vice president, the simmering Republican distain for reversing all things from the 1930’s New Deal will are going to be reviewed and partially reversed . This will take

Chuck Epstein 0
05 May 2016

The Financial Industry’s Greatest Conflict-of-Interest: Lobbying Against Their Own Customers

With the Department of Labor (DOLs) long-delayed, new fiduciary standard is now becoming more accepted, the financial services industry still has not confronted its biggest conflict-of-interest: using client’s money to fund lobbying campaigns designed to victimize their own customers. Like animals that eat their young, the financial services industry lobbying

Chuck Epstein 0
06 Apr 2016

Should the Retirement Industry Accept Some Blame for the Retirement Crisis?

Social responsibility has been a buzzword in corporate America for decades, but nowhere has it been more conspicuously vacant than in the recent stories about the pending retirement crisis that is currently facing millions of Americans. At issue is whether the retirement industry, comprised of investment, mutual fund and insurance

Chuck Epstein 0
15 Mar 2016

If You Thought Fund Expenses Don’t Matter, Think Again

Fund expenses are the only thing an investor can control. They cannot control market volatility, political disputes, oil production, Fed interest rate policy or the decisions made by public companies. But they have total control over their fund expenses and these represent money that goes directly to any investor’s bottom

Chuck Epstein 0