When considering the potential – if not underestimated – liability associated with TDFs, perhaps it’s best to listen to the warning Cialdini provides regarding Social Proof: “It should never be trusted fully… we need to look up and around periodically whenever we are locked into the evidence of the crowd.”
Tag "Target Date Funds"
Why you should always take the money and run, always listen to dad and never believe what you read in the papers.
A government 401k policy that actually worked, one that won’t work, another that will work and several 401k ideas that will never work.
Why do they keep insisting 401k is a failure? Why do they keep insisting a fiduciary compromise is consistent with “fiduciary”? Why are young investors doomed to repeat the same mistakes as their elders?
You’d never guess what editors come up with on a short holiday week.
Should the ideal 401k fiduciary face the problem head on or ignore it? What if there’s an easy alternative that’s already been proven to be better?
Whether you’re a plan sponsor of a defined contribution plan like a 401k or a defined benefit plan, this past week contained news you could use – or at least have on your radar.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 9/4/15
Camels, Clods, and Ostriches rule the week.