As bad a some industry players are, it’s always caveat emptor. Both plan sponsors, in their role as fiduciaries, and 401k investors must assume personal responsible and be accountable for their own retirement.
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In choosing ratings points over debate points, Smith sacrificed the logic of the straight-forward for the pyrotechnics of a religious argument, and, in doing so, lost credibility with that portion of his audience that knew better.
In that drive for ratings points, producers often – willingly or unwillingly – must make a pact with the devil.
If they only stayed on the straight and narrow path, they would have proved their point.
DC/DB confusion, the real fiduciary issue and a fee fight breaks out.
Read them to remember last year. Read them to predict the coming year.
Among them: A couple of “How-To,” two myth busters and one piece of sound advice.
A warning is not the same as protection.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 3/29/13
Stockton Pension Bankruptcy a Harbinger? DOL’s Fiduciary Rule Racist? Fees Reality About to Hit 401k Plan Sponsors?