A new University of Kansas paper provides some of the strongest empirical evidence yet that affiliated financial advisers can hurt 401(k) participants by steering their money into proprietary products. But Wall Street may already be moving the game to a much less transparent playing field. William Bazley, Gjergji Cici and Junchao Liao studied thousands of … Continue reading Kansas 401(k) Conflicts Paper -documents participant losses from historic affiliate relationships – Wall Street moves to new deceptive practices
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