If a company sees a substantial number of employees exit their firm, this can have a detrimental impact on all areas. Even the company’s 401k can be negatively affected in a number of ways.
Tag "Chris Gure"
![Should A 401k Plan Sponsor Take On The Additional Fiduciary Liability Associated With Retirees?](https://fiduciarynews.com/wp-content/uploads/2021/10/pudarenje-1326440-660x395-1-505x306_c.jpg)
The decision to retain and service company retirees appears (at first blush at least) to be a no-brainer. But that includes a very important assumption.
![Do 401k Plan Sponsor Have Fiduciary Responsibilities For Employees In Retirement?](https://fiduciarynews.com/wp-content/uploads/2021/10/drawing-group-1437069-660x395-1-505x306_c.jpg)
If you think the web of fiduciary duties is complex in a 401k plan that focuses on getting employees to save for retirement, imagine how much more intricate it becomes if the plan also has to cater to retired employees.
![Where Did We Go Wrong With Risk?](https://fiduciarynews.com/wp-content/uploads/2021/08/way-wrong-1245111-660x395-1-505x306_c.jpg)
This elegance earned a Nobel Prize for several smart professors. You must forgive them, though, for they had a far limited toolkit to work from. Still, this was the original source from which “risk” sprang.