Comments on: I.R.A. Custodians: Stricter Supervision Needed To Protect Investors http://www.investorprotection.com/blog/2009/07/28/ira-custodians-stricter-supervision-needed-to-protect-investors/ Wed, 25 Jan 2012 22:42:52 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Anonymous http://www.investorprotection.com/blog/2009/07/28/ira-custodians-stricter-supervision-needed-to-protect-investors/#comment-10596 Anonymous Fri, 01 Jan 2010 01:46:31 +0000 http://www.investorprotection.com/blog/?p=265#comment-10596 Fiserv is not the only custodial institution to funnel IRA funds into fraudalent investments. Reliance Trust, among others, have been guilty as well. It's time for custodial institutions to have fiduciary duty and not just act as money launderers for con men. Fiserv is not the only custodial institution to funnel IRA funds into fraudalent investments. Reliance Trust, among others, have been guilty as well. It’s time for custodial institutions to have fiduciary duty and not just act as money launderers for con men.

]]> By: Don http://www.investorprotection.com/blog/2009/07/28/ira-custodians-stricter-supervision-needed-to-protect-investors/#comment-5853 Don Wed, 29 Jul 2009 04:28:26 +0000 http://www.investorprotection.com/blog/?p=265#comment-5853 Mr. Hargett, I find your article most interesting, and most depressing for me. 12 years ago I stupidly bought viatical policies which were touted as 'great investments'. In the 12 years only one of three has paid off and that was the smallest. The custodian listed was RAI Inc. which was recently purchased by FISERV. The fees went fron $58 per year to $300! I want out of that company - can you recommend some others that may be less expensive and vastly more honest?? Mr. Hargett,
I find your article most interesting, and most depressing for me. 12 years ago I stupidly bought viatical policies which were touted as ‘great investments’. In the 12 years only one of three has paid off and that was the smallest. The custodian listed was RAI Inc. which was recently purchased by FISERV. The fees went fron $58 per year to $300! I want out of that company – can you recommend some others that may be less expensive and vastly more honest??

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