401k plan sponsors can’t afford to fall victim to the lure of heuristics. Index funds can generate just as much fiduciary headaches as actively managed funds.
Tag "index fund"

Tale of Two Public Policy Cities, Plato’s Fiduciary Cave, and Frankenstein’s Index Fund

State pension implosion, a regulation without teeth, and the fee-value correlation.

States don’t run, fee scruples, and Bogle’s Bombshell.

The retirement world will change, whether the industry wants it to or not. One thing is for sure, though, “financial literacy efforts, while effective for such matters as personal budgeting and proper use of credit, can’t overcome the huge knowledge gap that exists between individual investors and those who stand ready to prey upon them.”
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 9/06/19
Revenue sharing troubles, target date troubles, and what’s that they just said about index funds?