Now we know why Washington has been dissing the 401k, why we lost the war for the fiduciary standard and why investors keep losing money.
Tag "commodities"
If you’re a fiduciary worried about potential liability, be warned. Commodities trading remains speculative and may not be appropriate for unsophisticated investors – no matter what the TV tells them.
The wildness of the equity markets and the uncertainty of our economic environment appears to be opening the eyes of the typical fiduciary to more exotic investments. The practical implication may mean greater potential liability.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 4/6/12
In a week that we featured Investment Due Diligence for 401k plans, a major court ruling shows what happened without such due diligence.