As recessions become an inevitable part of the economic cycle, the responsibility of ERISA fiduciaries and 401k plan sponsors is clear. For plan sponsors, the answer lies in a proactive, hands-on approach. It’s about continuously reviewing plan design, investing in technology, and fostering a culture of financial literacy among participants.
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MEPs, Fees, and Leveling the ETF playing field.
The real retirement crisis, dumbing down fiduciary, and solving wrong problems.
Fiduciary dog fight, the final say on fees, and there’s no free investing lunch.
Like a car’s top-end gear, in the big picture 401k investing decisions are less powerful than most think.
It’s clear behavioral finance and economics studies will continue to define the leading edge of 401k design and implementation.
With Congress in recess, the anti-fiduciary lobbyists have moved to major media outlets. Meanwhile, we’re continually discovering government regulation too often produces Rube Goldberg fiascos like target-date funds.
Recent studies suggest employees are better off with 401k plans than with tradition pensions. Here’s how plan sponsors can take advantage of behavioral economics research to make 401k plans even better.
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