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The Long View

Aron Szapiro: 'You Can't Fix What You Can't Measure'

The Long View

Morningstar

Finance, Dan Lefkovitz, Amy Arnott, Entrepreneurship, Investing Leaders, Jeff Ptak, Investors, Christine Benz, Influential Investors, Careers, Long-term Investing, Financial Services, Business, Investing, Morningstar

4.5775 Ratings

🗓️ 12 June 2019

⏱️ 52 minutes

🧾️ Download transcript

Summary

Morningstar's director of policy research on what's ailing the U.S. retirement system, the new SEC rule on advisor conflicts of interest, and why policy recommendations must be data-driven.

Transcript

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0:00.0

At Jackson, we've created a digital retirement planning experience with you and mine.

0:05.5

Visit jackson.com to explore our easy-to-understand resources and user-friendly tools

0:10.1

that are designed to enable financial professionals and clients to plan a path to financial freedom.

0:15.5

Jackson is short for Jackson Financial Incorporated, Jackson National Life Insurance Company, Lansing, Michigan,

0:20.5

and Jackson National Life Insurance Company of Lansing, Michigan, and Jackson

0:21.4

National Life Insurance Company of New York, purchase New York.

0:26.5

Please stay tuned for important disclosure information at the conclusion of this episode.

0:33.3

Hi, and welcome to the Longview. I'm Christine Ben's Director of Personal Finance for Morningstar.

0:38.8

And I'm Jeff Patak, Global Director of Manager Research for Morning Star Research Services.

0:42.9

Is there a retirement crisis in the U.S.? And what role does government have in improving the system?

0:48.7

What's the current status of the fiduciary rule? These are just some of the topics that our guest today, Aaron Shapiro,

0:54.8

obsesses over. Aaron is Morningstar's Director of Policy Research. In that role, he and his team

1:00.6

conduct research on various matters of public policy and formulate views on policy proposals

1:05.9

under consideration by Congress and regulatory bodies. Aaron has testified before Congress on how to improve retirement security, and he has an inside

1:15.0

view of how Washington works.

1:17.4

Before venturing into the private sector, he was a senior analyst in the U.S. Government

1:21.5

Accountability Office.

1:23.5

Erin was also on Investment News' 2019 list of 10 most influential millennials.

1:29.6

Aaron is a passionate advocate for improving the financial system so that it works better

1:33.5

for investors of all incomes and ages, and we're thrilled to have them here today.

1:37.9

Erin, thank you so much for being here.

1:39.4

Oh, thanks so much for having me.

...

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