Each of these is dripping with overtones from the lessons of behavioral finance.
Tag "investment"
If you’re a plan sponsor, it’s time to review how your plan measures up against these design elements. If you’re looking to become a plan sponsor for a new plan, consider whether or not you should include these design elements.
Keeping the investment option menu simple not only increases the odds employees will retire in comfort, it also helps reduce fiduciary liability for plan sponsors.
Do you think the nature of those interests have changed since the plan was originally created? Has plan design changed accordingly?
It’s a sad world where “safety first” has the opposite effect.
Bonds and bond funds alike suffer from rising interest rates, but bonds are protected in ways bond funds are not. Does the typical 401k investor know that?
This may rock the world of the unsuspecting. Fasten your seatbelts before proceeding.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 6/20/14
Fiduciary Facts, Fee Faux Pas and Ignorant Investing