Fee Disclosure must be done by service. 401k plan sponsors relying on bundled service providers might be in for a surprise.
Tag "ERISA"
On hypocrites, backward-thinking, overconfidence and just how helpful is a disclosure rule if no one reads what’s being disclosed?
Two easy actions to take right now to give 401k investors a better chance to achieve their retirement goals.
The pendulum again swings in favor of the fiduciary standard as the DOL threatens to come after service providers regarding questionable fees. In the meantime, the battle between Modern Portfolio Theory and Behavioral-based solutions gets hotter.
Is this the last gasps of a dying business model whose ruins new life seems destined to find rebirth?
Here are three easy practices a 401k plan fiduciary can implement to avoid one of the common investing mistakes identified by researchers in the field of behavioral finance.
First the bad news: The client isn’t always right. Now the worse news: If you listen to the client you’ve just bitten off a chunk of fiduciary liability. How did you get in this mess in the first place?
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 1/13/12
More bad news for Target Date Fund fans and fans of the Fiduciary Standard, but DOL stands firm on Fee Disclosure Rule timing.