There have been rumblings since at least the beginning of the year that the entire fiduciary debate has been a ruse by the government.
By getting competing financial professionals busy fighting with each other, the government opened the door to begin a long orchestrated takeover of the retirement plan industry (see, “State-Sponsored Private Employee Retirement Plans First Step Towards Nationalized Retirement?” FiduciaryNews.com, December 1, 2015).
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