Never belittle the question or the person asking the question. These are sincere queries that represent commonly held beliefs. These beliefs live a Schrodinger Cat-like existence, being generally not quite true and not quite false. Itâs critical, for the benefit of all retirement savers, that these questions be asked and that fiduciaries encourage their asking. This is the only way that allows the fiduciary to respond in the second noteworthy way: By using these questions to refute misconceptions and promote good retirement saving decision-making.
âCasting a wider investment net on asset classes and alternative strategies, especially those that are designed to reduce risk, as increasing a sponsorâs fiduciary liability. That seems to be the misnomer, that the term âalternativesâ assimilates to higher risk or higher cost investments.â
Government gangsters, boxers, and fee mongers.
Be careful what you wish for because sometimes the cure can be worse than the disease.
Horse trading, sales/advice, and market tops.
For all the talk and concern about Congress cutting the contribution caps for 401k plan, the real news appears to be just the opposite. Sometimes, itâs better to wait for the final result rather than get worked up about what you think may happen.
401k Caps Survive, Fiduciary Time-Out, and the Stocks Shall Rise Again!
Congress may be zagging when common sense says it should be zigging. Or maybe not.
Cap Cutting, Back Burners, and Eternal Truths
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 11/24/17
Celebrating a week of thankfulness, for bad news headlines, continuing interest in fees, and that ever open mind searching for the “coming (investment) thing.”