MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, October 9, 2013 RIABiz Ponders Promise of Delayed Schwab Platform Pub says pressure builds in some corners for new platform, but others say the wait is justified. If Schwab ever gets its all-ETF 401(k) platform off the ground, this could disrupt the competitive landscape in the 401(k) space, according to RIABiz, which notes that Fidelity already seems to be pulling away. RIABiz's Lisa Shidler writes that success with this program could be a "cornerstone" for the financial giant in this space. She also notes that Schwab is the only company willing to suffer through the technical and regulatory hurdles involved with offering ETFs via a 401(k) plan. However, Schwab on Monday said it would push back the unveiling of the platform. MFWire's sister publication reported on the delay, quoting an executive who said the platform would be ready "in the next few months." Printed from: MFWire.com/story.asp?s=46369 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |