If you’re a fiduciary of the acquiring plan, you want to make sure you’re not burdened with any unknown liabilities. If you’re a fiduciary of the acquired plan, you want to make sure the merger process doesn’t introduce new liabilities.
Tag "Robert Massa"
The most pertinent issue may not be the fiduciary imperative, but the marketing imperative. This makes things extremely difficult for the 401k plan sponsor who may sometimes confuse which has priority. Here’s an example of why a plan sponsor might be concerned.
What’s the biggest challenge for those responsible for administrating their company’s 401k plan while working from home? How is that challenge best overcome?
In some distant future, what fossilized evidence of poor judgment will come back to haunt unsuspecting 401k plan sponsors.
Forget focusing on content, it’s time to use proven psychological techniques to re-frame the nature of employee and trustee education.
For retirement and retail investors alike, has Morningstar and its kin passed their collective “use by” date?
Retirement Saving: How Responsible is the 401k Fiduciary?
Welcome to the new three-legged stool: Employee, Employer, Government