Brennan Hawken - UBS


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Lawsuits stemming from the 2010 DOL rule that increased transparency into 401(k) fees have accelerated in recent years and now there are signs that the trial bar is widening its targets to include smaller plans, which comprise the core of TROW's retirement
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May 24 2017 UBS
While TROW is negatively impacted by the DOL [Department of Labor] fiduciary rule, we view the 2010 DOL rule that increased transparency into 401k fees as the underappreciated threat. TROW has a solid domestic franchise with strong investment performance but we see these positives as more than offset by the overhang from the DOL rule, headwinds from corporate 401k lawsuits, and shift towards passive.” said Brennan Hawken on this article: The controversial 'fiduciary rule' is a problem for T. Rowe Price; Sell the stock, UBS says. This page contains 3 articles quoting Brennan Hawken. Main topics on which Brennan Hawken is quoted are bulge and investment. In addition you’ll find 5 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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