Common mistakes. Non-believing 401k plan sponsors. How many of these have you seen? What have you done to address the dilemma of what to do when the client isn’t always right?
But this rookie mistake doesn’t bypass veteran plan sponsors. If they’ve grown too complacent with their plan, they may wake up one day to find out they’ve got a dinosaur on their hands.
DOL at work, revenue sharing in the sites, and popular investing tropes under attack.
Among the tactics introduced by behavioral finance is the notion of “framing.” For individuals, however, it’s much easier to understand things if they are reframed into “buckets” representing specific individual goals.
Compliance potpourri, fees again, and market wild craziness.
Retirees should think for themselves and what alternatives they have regarding their retirement assets. These aren’t the same as they were when they were working.
Inflation and Social Security, more than a fiduciary, and not learning from investing history.
As with many things, hands-on instruction is generally the best way to achieve this, especially if you make it into an engaging workshop that’s all about the employee and the employee’s dreams, not about the plan.
A record-breaking year? Funny how things never change, and ESG, we hardly knew ya.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 8/5/22
Closer to the target, (it turns out) size doesn’t matter, and more on fading fads.