Here’s a win-win idea for both 401k investors and their fiduciaries.
Tag "401k"
While matching does provide a modest incentive, there are cheaper and more effective ways to get employees to save more in their 401k plans.
Any talk of mutual fund expense ratios only diverts attention away from the true issue at hand – what are the true costs of those non-mutual fund products that make up nearly half of all 401k investments?
Public pension plans’ long goodbye, the lost cause of the Fiduciary Standard, the mystery of the disappearing fee trick and mixed messages from mixed markets.
When pensions go bad, the irony of fiduciary marketing, more fee bloodshed expected and the diminishing importance of investments.
Will 401k plan sponsors find themselves in the same sorry position as the unfortunate bartender who served one too many drinks?
A government 401k policy that actually worked, one that won’t work, another that will work and several 401k ideas that will never work.
Why do they keep insisting 401k is a failure? Why do they keep insisting a fiduciary compromise is consistent with “fiduciary”? Why are young investors doomed to repeat the same mistakes as their elders?
Meddling politicians, the infantile Fiduciary debate, a DOL surprise and a totally backwards approach to giving investment advice – what more can you ask for?
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 7/20/12
Pension funds sing the blues, day-trading 401k accounts and just why did advisers reject the NBA retirement plan?