So one wants his epitaph to read “Here lies John Doe. He beat the S&P 500.” There needs to be an easy-to-understand and easy-to-implement system that properly reflects both your goals and the consequences of failing to meet those goals. Retirement savers want and need a system that represents a better way to set and meet retirement goals.
Tag "401k"
If you want to understand how sophisticated plan sponsors think, you need to talk to sophisticated plan sponsors. For many years, Dale Neibert served as part of a two-man operation that headed one of the nation’s most sophisticated 401k plans. He explains how this plan sponsor incorporated advance behavioral finance techniques, and how it avoided some of today’s most dangerous fads.
Is there really a retirement crisis? A fiduciary can of worms? And what’s a reasonable fee?
The church rises as the state falls, fiduciary fireworks, and the coming investment civil war.
It’s understandable, given the many hats plan sponsors wear, that mistakes will be made. The challenge is to not dwell on them, but to have a reasoned and determined process to address and correct them.
HSA in fiduciary cross-hairs, fiduciary first thoughts, and a new investment hope.
Just because the new Rule won’t be enforced until January doesn’t mean retirement savers can’t take advantage of it. This does, however, require individuals become self-reliance and look out for their own good. But how is that any different for all other consumer decisions?
“Hopefully,” says Reese, “this past year gave employers a better understanding of what they need to look out for to act as fiduciaries for their plan participants.”
Retirement policy conflicts, shifting sands of fiduciary, and turning the screw on MPT.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 7/14/17
The real retirement crisis, dumbing down fiduciary, and solving wrong problems.