The real prize, though, comes courtesy of following Ben Franklin’s advice. Once you convince them to save and they see the perpetual motion machine known as “compounding,” your job is done.
Basic Members
Before one can advise investors, it’s critical one know what they’re thinking and understand why they’re thinking it.
Zagging instead of zigging, the moment of fiduciary truth, and tell us something we don’t know about investing.
No one need place themselves in a “Blanche DuBois Scenario.” Each has the ability, no matter their station in life, to seize control over their own destiny. This applies to retirement as much as anything else. This article offers five specific ideas each to three typical age groups trying to protect themselves against the potential loss of Social Security benefits.
Government Retirement Flops, Fiduciary kill, and diversification frenzy.
Plan sponsors shouldn’t let these three common fee foibles expose them to unnecessary fiduciary liability.
Pension madness, closing the barn door after the fees have already escaped, and falling down the investment rabbit hole.
“As more employees find their 401k accounts growing to more than one million dollars, there will be a greater desire for employees to gain greater control over their own future. Plan sponsors should become more aware of the consequences of providing these kinds of options and how best to mitigate the liability risk associated with them.”
Cornucopia of thoughts, the fiduciary fight continues, and on the investment edge.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 6/22/18
Pensions face plant, fiduciary dies, and fees, well, fees just continue to be a problem.