Most 401k investment menus retain the “style box” mentality of the 1990s. Who doesn’t have a kitchen from the 1990s that they don’t want to remodel? Your 401k investment menu is no different.
Posts From Christopher Carosa, CTFA
No Joy in DOL-ville, SEC aggressive on fees, and DOL gets serious
It’s not as if this “surprisingly secret” formula has run its course. The equation is so timeless, so simple, that it continues to work for those who have the disciple to follow its rules. Still, can today’s workers see this work for them?
Pension problems redux, because they are there, and playing to your strengths.
ESG isn’t going away. There’s no way of telling if it’s a mood ring or a diamond ring. One thing is eminently clear: ESG is a product that people want right now. This complicates life for the retirement plan fiduciary.
Point/Counter-Point; How low can fees go? and changing changes in the investment world.
Nonetheless, there is a way to short-circuit this time-frame. You can do it, but you’ve got to really want to do it.
Fun with rules, no fun with rules, and “Rules? We don’t need no stinkin’ rules!”
Perhaps the first option to focus on is that one that involves “paying back” or “not paying back.” The rules, while straightforward to financial professionals, may be less apparent to retirement savers.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 8/21/20
A busy DOL, still with the 12b-1 fees, and the young and no longer stockless.