Some believe it’s destined to become a cure-all for much of what ails retirement savings today. Others, well, they’re not so sure.
Basic Members
What Do You Think Was The Top Fiduciary Story In 2023?
If you have any experience in the retirement plan business, some predictions just write themselves. As in “an incredible feeling of déjà vu.”
CITs can only be offered within the confines of a trust relationship. That means the plan itself might be structurally different than one that has an investment menu limited to mutual funds.
Eliminating the match and investing a large portion of retirement savings in bonds creates a risk. It may cause the retirement savings to go down in flames.
Let’s take some time off this week to reflect why we’re thankful for the 401k.
Between the IRA Rollover matter and the redefinition of “regular services,” there is no shortage of ways to chip away at the new Rule. What might be one way we can expect to see the industry attack the Rule in front of a judge?
This broader definition of fiduciary may impose a potential hardship on a segment of the retirement industry that has been trying hard to gain a foothold in plan infrastructure.
In the spirit of the season, one might even think of this as “tricking” employees to save. Plans sponsors are already using these tricks.
The Top Ten ‘Must Read’ FiduciaryNews.com Articles For The Five Years Ending 12/31/23!
These are the stories that tell us what is most on the forefront of the minds of those most involved in the retirement plan industry. It tells us both what questions they’re asking and, perhaps, why they’re asking them. The articles that make this list don’t represent fads, but the never-ending hard reality in the everyday world of 401k plan sponsors and fiduciaries.