Broker-sold funds still a hard sell

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By: Retirement Investments -- MyPlanIQ » Headline

Posted on July 11, 2012 at 13:28 PM EDT

By John Wasik (Reuters) – A recent New York Times story quoting a former JP Morgan broker who said the company urged its financial advisers to sell its own commissioned funds over less-expensive outside products should not have surprised any educated investors. It has been well-known in academic finance circles for years that when you add up the [...]