These vast unknowns inherent with Target Date Funds have perhaps created a new fiduciary liability where none previously existed.
Tag "target date fund"
“I selected the Target Date Funds to reduce my fiduciary liability. Are you telling me this actually raises my fiduciary liability?â The panel merely looked at each other and laughed.
From the Edsel of the mutual fund industry to the “do they really expect us to believe this” of the Fiduciary Standard war to a series of decisions in fiduciary lawsuits, discover the past weeks trending topics.
Too busy for last week’s news? Here’s a quick synopsis of the major news events and trends impacting the ERISA plan fiduciary.
Why some target date investors should be furious, why expecting 401k plan sponsors to comment on a change they donât understand would be asking far too much and just see what he says about 12b-1 fees.
2009 exposed a much deeper problem with Target Date Funds. Pitched as the be-all-and-end-all to 401k investors, these funds fell flat on their collective face as 2008âs down market exposed them as more sizzle than steak. Washington might help, but a knee-jerk reaction to 2008 is not a good solution at all.
Worried while Washington fiddles? These three vital questions might just help you determine if today’s DOL ruling will increase your personal fiduciary liability.
Plan sponsors want a more robust way to analyze. This technique may have saved 401k investors significantly last year.
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 9/10/10
What happened while you were taking Labor Day week off – whether to see the beach or to catch up on your busy workload?