Elizabeth Warren actually said...

It is now perfectly legal for retirement advisors to give advice that boosts their own incomes by selling lousy products to their clients.

The question is whether the law should be changed.

It is hard, really hard, to save for retirement, and the stats bear this out.

The other approach is to play it safe. Keep the threshold where it is and rely on the Fed to tailor the rules to fit the risks posed by thes...