June 13, 2007
the 12b-1 fees are they only way of being commpensated for continued services on existing accounts, without that fee the high level of service that is now demanded by clients in retail accounts will drop to "no services" forcing the client to do battle with 1 800 nightmare to perform even the easiest service request,which will than give the client a bad experience which will than lead to less investors, which inturn will lead to yet a lower saving and investing rate .