This content is free but available only to those who have registered with FiduciaryNews.com as a Basic Member. You may be seeing this because you did not Login. If you have logged in and are still seeing this, you will need to complete your registration now simply by clicking the "Complete Registration" button to get access to this and other members-only content. If you do not have a login click here to register now. In the future you will be able to upgrade to benefit from premium content available only to Professional and Preferred Members.
As bad a some industry players are, it’s always caveat emptor. Both plan sponsors, in their role as fiduciaries, and 401k investors must assume personal responsible and be accountable for their own retirement.
In choosing ratings points over debate points, Smith sacrificed the logic of the straight-forward for the pyrotechnics of a religious argument, and, in doing so, lost credibility with that portion of his audience that knew better.
In the rush to get the headline, did the mass media just do a grave disservice to 401k plan sponsors and investors?
Want to know some real, reliable and independent sources of 401k benchmarking data? Read on.
Are the purported lower fees of bundling real, or are they a figment of some marketing department’s imagination? Worse, are bundled services really a fiduciary trap?
Will this be known as the week we lost the fiduciary standard?
Should mutual funds give fee breaks to large plans only? See what BrightScope’s Mike Alfred says.
Why some target date investors should be furious, why expecting 401k plan sponsors to comment on a change they don’t understand would be asking far too much and just see what he says about 12b-1 fees.