The retirement world will change, whether the industry wants it to or not. One thing is for sure, though, “financial literacy efforts, while effective for such matters as personal budgeting and proper use of credit, can’t overcome the huge knowledge gap that exists between individual investors and those who stand ready to prey upon them.”
401k ascending, Fiduciary delayed but debated, and the perils of performance.
These are the times it’s most important for fiduciaries to learn how to say “no” to clients who feel compelled to set their own best interests aside just to chase investment performance. No one is saying that’s an easy job.
Bad Things, moving Fiduciary goal posts back, and fees that matter.
Quite the opposite from being “over the hill,” those in their forties may find they’re still slogging up hill in terms of saving for retirement.
MEPs advance, the “New” Fiduciary and Caveat Emptor Investors!
It’s often difficult for those not immersed in the everyday concerns of retirement saving to know what to ask (let alone how to interpret the answers). It’s up to plan sponsors and the service providers they employ to guide plan participants along the proper route.
Gov FUBAR, a new Fiduciary battlefield, and imagine a world without 12b-1 or revenue sharing fees…
“Benchmarking your plan’s fees is important step to carrying out your fiduciary responsibilities.”
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 4/21/17
The Changing Retirement Landscape, Cheap Fiduciary Talk, and See, We Told You So!