There are good examples of “best interests” and bad examples of “best interests,” but the ugly truth is we won’t know the practical definition of “best interests” until the courts decide.
Compliance
Things in the news aren’t as they seem, but that doesn’t mean they’re not as they seem.
Just because something is measurable doesn’t mean it’s relevant.
The three standard flavors of ERISA fiduciary plus one special bonus.
How can we expect 401k plan sponsors to understand the difference when financial service professionals can’t?
Dedicated and disciplined savings is the best way to insure a comfortable retirement, and, after all, isn’t that what it’s all about?
Perhaps we’ve learned choice isn’t all that it’s cracked up to be.
Over the decades, the role and standard of different types of service providers has shifted when it comes to plan design. But one thing remains constant.
Traditional 401k plan designs have demonstrated they actually discourage savings.
