Unlike previous definitions, this version takes a definitive step towards allowing plan sponsors to forgo traditional financial measures. Rather than relying on extensive academic studies, this new Rule represents a certain leap of faith.
Basic Members
Even without these extremes, this asset class brings with it a roller coaster experience, something many retirement savers won’t be able to stomach.
There is an out, of course, but that might eliminate the so-called “institutional pricing” advantage former employees have for staying in the plan in the first place.
Before you get all excited and look to replace your home equity loan with a 401k loan, you should consider these things.
There might be a there, there. It could be that TDFs have an Achilles’ Heel that leaves them vulnerable.
While retirees and near-retirees may be considering starting a small side business, many don’t have any entrepreneurial experience. How might they find answers to the questions they have?
If you’re over fifty, that gold watch gleams closer and closer. You start thinking. You start wondering. You start asking questions.
401k Plan Sponsor Fiduciary Question: Is ESG an Investment Strategy, a Fad, or a Political Football?
More worrisome to 401k plan sponsors is the potential demand for ESG investments on the part of plan participants who may be driven toward these investment products not for investment performance, but to “make a statement.”
To address this requires employers to do more than having a periodic “employee education” meeting. While these can help (see the previous article), more need to be done. Plan sponsors need to consider how they (and, more importantly, their service providers) deliver messages to plan participants.
To Score Meaningful Points, Your Public Relations Strategy Must Get You Quoted In Major Media Outlets
If you want to make a difference, if you want to be seen as a thought leader, you’re going to have to do two things: understand your public relations goal (so you know how to measure success); and, know how to best deliver your message to your target audience.