If plan sponsors are working with the appropriate plan fiduciary, then an ongoing review of the fund’s performance, fees, and underlying risk should be part of their ongoing process
For all the good intentions, however, what will happen when the rubber finally meets the road? Will the new DOL Fiduciary Rule really level the playing field?
Here’s where the greatest controversy of the new Rule, as with its predecessors, comes to a head.
“This lack of active involvement could lead to inefficiencies, reduced liquidity, and potential market instability, as prices may not accurately reflect the underlying value of securities.”
For all the rose-colored eyes that have a created a legend flawless certitude concerning memories of a time that never existed, pension plans simply can’t measure up to 401k plans.
More on Social Security, the new Fiduciary Rule, and tired investment ideas.
ERISA, it turns out, was only the first in the one-two punch that made it difficult for private companies to justify offering pensions.
What everyone talks about, what nobody talks about, and what people should stop talking about.
Herein lies the potential for a direct conflict of interest. This applies generally to all proxy voting in commingled portfolios.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Weeks Ending 3/29/24
Ridiculous regulators, revving up the Fiduciary Rule, and emerging investment patterns.