Monday, October 23, 2006

Firm to disclose savings plan fees - Los Angeles Times

Firm to disclose savings plan fees - Los Angeles Times

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A union has finally stood up and protected its teachers. The United Teachers of Los Angeles, led by an outspoken teacher has forced AIGVALIC's hand in disclosing fees that they did not want disclosed.

While this plan is not perfect, it is good to know that a union and its members are standing up for what is right, perhaps this watershed moment will lead to even more in this long fight for participant rights and transparency.

Scott Dauenhauer, CFP, MSFP