The secret to successfully using behavior finance is to understand it, like the typical 401k participant, has nothing to do with investment theory.
Tag "plan sponsor"
Star Trek’s Fiduciary Rule: The needs of the many (or the client) outweigh the needs of the one (or the fiduciary).
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.
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.
Stockton Pension Bankruptcy a Harbinger? DOL’s Fiduciary Rule Racist? Fees Reality About to Hit 401k Plan Sponsors?
DC/DB confusion, the real fiduciary issue and a fee fight breaks out.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 5/17/13
Post IRS, can DC be trusted with Fiduciary? Meanwhile, pop culture tries to define Fiduciary as there appears to be something strange brewing in the markets.