Isn’t it ironic that the very people who 401k plans were created to benefit have decided it’s easier to ignore the maze than to constructively participate. Allowing the 401k to evolve up to today’s technology will solve many problems.
Tag "fee"
An expected study reveals ETFs may be more dangerous than originally thought – and the nearly trillion dollar industry tries to shoot holes in it. Meanwhile, are we taking a giant step backward in reforming 12b-1 fees and the fiduciary standard?
If you give yourself some time to file an article you tend to be a little bit more thorough. It’s kinda like why “the fastest guns in the West” didn’t survive too long – they didn’t take the time to aim. This week’s news stories aimed well – and hit!
Professor Lee’s research exposes two myths that make it critical for 401k plan sponsors to fully vet all the relevant research as part of their standard due diligence process.
You won’t believe some of the articles that appeared this week – and supposedly high end publications!
While pension problems trump annuity ideas and the fiduciary fracas festers, along comes the DOL to remind us they’re still in this game.
These vast unknowns inherent with Target Date Funds have perhaps created a new fiduciary liability where none previously existed.
For 401k plan sponsors and fiduciaries, this seismic events delivered out of the nation’s Capital on July 15 signals the start of significant changes in the way they operate their plans.
Under the DOL’s proposed Investment Advice Rule, if a plan enters into a prohibited relationship with a vendor – or if an existing relationship now becomes prohibited – fiduciary liability rises. Can the 401k fiduciary afford to ignore these critical issues?
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 11/19/10
Join us in giving thanks to all the news that 401k plans generate. There’s a special gem this week – maybe a hint at how the SEC will rule on the fiduciary standard.