pauleckler writes,Most who sell financial products, do so to make a living. A law that required them to sell the most cost effective product to every client would be devastating. They reserve the right to extract extra income from those who can afford it.</snip>I see no evidence that the sale of financial products with excessive fees is limited to those who can afford it.How many workers with median incomes have seen their IRA/401ks pummeled by fees?intercst
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