There have been many thoughtful, insightful, reasoned notions about the impact of the fiduciary rule, and some that teeter on wild speculation, including the notion that it would decrease the number of “blind squirrel” advisors – and that it would have no effect. What do you think?
The notion that the so-called “blind squirrels” – those being advisors who don’t know anything about retirement plans – would flee the retirement plan business due to the constraints of the fiduciary regulation at first glance seems almost intuitive. And yet, with the (delayed and somewhat revised) applicability date looming – and the uncertainty regarding the impact of the final regulation – some have begun to rethink that notion.
For this week’s NAPA Net reader poll, we’d like to know what you think about the type, number and quality of advice – and advisors – that will be available to retirement plans in the wake of the fiduciary regulation.
Reply to this week’s reader poll at https://www.research.net/r/SDSCFW3.
And we will, of course, wrap it all up for you on Friday – ahead of the Memorial Day weekend!
