The best interests of the 401k participants will always trump convenience and cost.
Basic Members
Gov Wants Your Retirement, Spirit of Fiduciary and are plan sponsors too patronizing when it comes to investments?
“MEPs are less susceptible thanks to their size and their often use of multiple providers.” “MEPs really are a great solution for employers, especially small employers.”
Gov problems not related to “shutdown,” SEC to water down Fiduciary Standard? and more investment follies
It’s clear behavioral finance and economics studies will continue to define the leading edge of 401k design and implementation.
Borzi: “…the average person would prefer to work with people who are legally required to provide unbiased investment advice and put the client’s interests first.”
Would you trust the gov with your retirement? Would you trust a non-fiduciary with your retirement? Would you trust someone who obscures fee disclosures with your retirement?
A three-ring circus might get you excited but, face it, would you rather spend time trying to solve Rubik’s Cube or eating wedding cake?
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FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 10/18/13
California’s lesson, 401k fee backlash and more silly academic suggestions.