Even without these extremes, this asset class brings with it a roller coaster experience, something many retirement savers wonât be able to stomach.
Basic Members
There is an out, of course, but that might eliminate the so-called âinstitutional pricingâ 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 Achillesâ Heel that leaves them vulnerable.
While retirees and near-retirees may be considering starting a small side business, many donât have any entrepreneurial experience. How might they find answers to the questions they have?
If youâre 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 âmake a statement.â
To address this requires employers to do more than having a periodic âemployee educationâ 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.
Not only does the typical plan sponsor not have investing in employee education as a high priority, but they also likely donât have the wherewithal to monitor the consistency of how the provider runs the education program.
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, youâre 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.