It's a common trope within the science fiction genre. You can picture it. A barren wasteland of depleted resources, depleted will, depleted humanity. Set in shades of dark gray and darker gray, you can sense the dystopian hopelessness.
This isn't a scene from the latest Matthew McConaughey blockbuster. It's the vision of fiduciary guru Don Trone has of the future of America's retirement plans. As he states in a recent interview (see, "Exclusive Interview: Don Trone Reveals 401(k) Plan Sponsors Want This Instead of a Fiduciary," FiduciaryNews.com, November 18, 2014), "I'm afraid it's going to look like the retirement version of Obamacare – it will be a government-run, mandatory plan similar in design to the Federal Retirement Thrift."
Apparently, the problem all begins with a situation we're all familiar with. Now, we know the advantages of fiduciary awareness and the power of offering services that appeal to fiduciary duties. We have all proudly and confidently stuffed them into our marketing briefcases and trudged off to our friendly neighborhood 401(k) plan sponsor. There, we expounded on the virtues of fiduciary.
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Christopher Carosa
Chris Carosa has been writing a weekly article and monthly column for BenefitsPRO online and BenefitsPRO Magazine since 2011 and is a nationally recognized award-winning writer, researcher and speaker. He’s written seven books, including From Cradle to Retire: The Child IRA; Hey! What’s My Number? – How to Increase the Odds You Will Retire in Comfort; A Pizza The Action: Everything I Ever Learned About Business I Learned By Working in a Pizza Stand at the Erie County Fair; and the widely acclaimed 401(k) Fiduciary Solutions. Carosa is also Chief Contributing Editor of the authoritative trade journal FiduciaryNews.com and publisher of the Mendon-Honeoye Falls-Lima Sentinel, a weekly community newspaper he founded in 1989. Currently serving as President of the National Society of Newspaper Columnists and with more than 1,000 articles published in various publications, he appears regularly in the national media. A “parallel” entrepreneur, he actively runs a handful of businesses, including a small boutique investment adviser, providing hands-on experience for his writing. A trained astrophysicist, he also holds an MBA and has been designated a Certified Trust and Financial Advisor. Share your thoughts and story ideas with him through Facebook (https://www.facebook.com/christophercarosa/)and Twitter (https://twitter.com/ChrisCarosa).
