Mike Pelella (@mike_pelella) 's Twitter Profile
Mike Pelella

@mike_pelella

ID: 779116364762116096

calendar_today23-09-2016 00:33:11

68 Tweet

21 Followers

78 Following

CNN (@cnn) 's Twitter Profile Photo

Supreme Court nominee Neil Gorsuch once wrote that Merrick Garland was 'grossly mistreated' by the Senate cnn.it/2jYp3of

Supreme Court nominee Neil Gorsuch once wrote that Merrick Garland was 'grossly mistreated' by the Senate cnn.it/2jYp3of
Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue DOL rule in theory Is great. There's alot of holes. Mainly It will considerably increase client costs & reduce selection.

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue in the accumulation phase...tough to beat. However not everyone has access to a plan or that plan at work as you know.

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue BD'S determine the selections available to offer to clients. Many are in process of reducing selection. This effects choice

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue that's a good question. Every BD will have a different and unique set of standards. Hard to answer. In planning choice is key

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue Choice allows planners to curtail accumulation and income plans for their clients. Agree that there's a need for something

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue The issue is not as simplistic as DOL thinks. The SEC should be handling this. There needs to be more thoughtful legislation

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue there certainly is room for improvement. That's why choice is so important. Should be able to curtail plans to the client.

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue what size pants do you wear dan? Everyone's needs are different a one size fits all approach isn't appropriate in any case.

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue that type of thinking is the REASON we need a fiduciary rule. I simply think there are issues with this rule it needs work

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue The answer can be both. A fiduciary should be able to offer choices in the clients plan. As for incentives Get rid of them.

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

@DanMcConlogue Simply stated the legislation needs work. A one size fits all approach is inappropriate. I agree there should be a standard

Mike Pelella (@mike_pelella) 's Twitter Profile Photo

America just wants the Reps in DC to work together to find real solutions to the issues of ACA it shouldnt be this hard to work together!