The reality is that many retirement planning decisions already require participants to evaluate concepts they may not fully understand. That reality raises an important question. Should a plan exclude a potentially beneficial option simply because some participants may find it difficult to understand?
Tag "annuities"
“I was [once] a major skeptic of the use of annuities, I have subsequently changed my mind regarding the efficacy of low-cost fixed and variable annuities in both personal and retirement accounts.”
It’s not just plan sponsors and plan participants that need convincing. The entire retirement plan infrastructure must also get on board. That doesn’t mean the hurdles can’t be overcome.
A good fiduciary needs to see through the hype and base decisions solely on matters of import. This isn’t as easy as it sounds. For one thing, hype, like humor, works because it’s based on truth. This mantle of credibility is just enough to lead the fiduciary astray.
“Studies have shown that the largest factor in determining the success level of retirement savers is their level of savings.”
Gov problems not related to “shutdown,” SEC to water down Fiduciary Standard? and more investment follies
Why government can’t solve retirement/investing problems, false fee fallout and bonds start bursting.
Pension Ponzi run amok, rebooting 408(b)(2) and the folly of investment products.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 5/30/14
Blue and Red approaches to retirement policy, another Fiduciary Rule delay and what’s up with the latest investment fads.