With Supreme Court scrutiny looming, comparator standards could either narrow or widen 401k fee litigation. Plan for both outcomes now.
Tag "investment policy statement"
What’s one way 401k plan sponsors can ensure they establish a due diligence framework that can best reduce their fiduciary liability?
Should the platform offer ESG doesn’t necessarily mean good news for the 401k plan sponsor. Including ESG funds might introduce other risks.
Plan sponsors can benefit from motivated employees, and the 401k plan is a tool to achieve this motivation. What precisely can plan sponsors offer in addition to the usual company match to make their 401k plan more enticing, more attractive, more motivating?
Including these will make 401k plans safer for plan sponsors and more successful for plan participants.
Whether a plan sponsor decides to adopt a 401k IPS remains an open question. It’s not a question that should be treated casually. Every plan situation is different. Plan sponsors therefore must conduct a thorough due diligence to determine what’s best for their plan.
State-run wrongs, advice vs. sales, and the consequences of fee compression.
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Shotgun compliance, fiduciary naivete, and free markets trump high fees.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 5/24/19
SECURE Act recap, BI coming, and ESG sizzling.