It’s safer to assume you don’t know everything – and here’s a list that begins to define that everything.
Tag "John Hughes"
We want to focus on the type of “nevers” that, in the heat of the moment or humdrum routine of everyday life, fiduciaries can find themselves slowly sliding down that slippery slope towards. In fact, if, as you read these, you catch yourself muttering something about “there’s always an exception,” then you’ve just discovered where that slippery slope lies.
These may not be the only rules, but they rank up there as among the most practical for fiduciaries and, in some cases, for any other professional.
Here’s the beginning of an operational definition of what it takes to be a good fiduciary (first of three installments).
Do 401k plan sponsors know the fiduciary minefield they’re stepping into when they select a QDIA?
Is the industry up to the task of leading the charge towards retirement readiness?
3 Reasons 401k Plan Sponsors are Smiling
As the year approaches its conclusion, it’s a good time to reflect on the good that we have seen in the 401k world. In doing so, we can see plan sponsors have reason to smile.