Passive investing has changed one of the biggest retirement debates
By Ethan Wolf-Mann
At the end of all this, the Department of Labor rule will either emerge solidified, or investors will continue to wait for the SEC’s version. But regardless, the entire landscape will have changed from the debate alone, and from technology and the shifts to passive investments.
“Throughout the fight for the fiduciary rule, we’ve seen positive evolution in financial services,” Jon Stein, founder and CEO of Betterment told Yahoo Finance, “including easier access to low-cost investments and heightened awareness of how financial providers are compensated.”