ERISA does not require fiduciaries to predict market tops. It does, however, require a prudent process for selecting and monitoring investments.
Tag "Stocks"
The wildness of the equity markets and the uncertainty of our economic environment appears to be opening the eyes of the typical fiduciary to more exotic investments. The practical implication may mean greater potential liability.
Diversification does not protect the investor when the entire asset class sinks. A recent study from Hewitt Associates suggests events may be placing plan fiduciaries in a historically precarious position.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 12/2/16
Millennial-Centric Retirement Policy, Fiduciary by any other name, and Why the latest Fiduciary Rule fee move shouldn’t surprise you.