In the PEP World, the Power to Assign Can Be the Power to Destroy
In the PEP World, the Power to Assign Can Be the Power to Destroy
Chief Justice John Marshall famously wrote in McCulloch v. Marylandthat “the power to tax is the power to destroy.” In today’s retirement plan business, I’d argue there’s a modern parallel: the power to assign a financial advisor to a particular Pooled Plan Provider (PPP) can be the power to get you fired.... By: Ary Rosenbaum - The Rosenbaum Law Firm P.C.