FBC The Willis Report September 16, 2014
Bogle testifying before the Senate Finance committee calling for regulation of the entire industry. Here with us is fox businesss peter barnes. Investing in retirement is too hard and too expensive for the average people, he wants the government to regulate it more. The vanguard founder proposed a federal overseer, a federal retirement board to regulate company and individual 401 k and ira plans. Bogle wants to push more people into low fee mutual funds, the index funds he helped create and champion over pricier actively managed funds. He argues that in the wrong run, index funds are simpler, ...
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