So what if a few very high net savers end up with bigger retirement plans? Good for them. The point is to make it easier for more people to save more.
Tag "Target Risk Fund"
The conflicts-of-interest inherent in selecting proprietary funds are apparent. Less so are the criteria used to determine what a suitable process might be.
Do 401k plan sponsors know the fiduciary minefield they’re stepping into when they select a QDIA?
If you’re a plan sponsor, it’s time to review how your plan measures up against these design elements. If you’re looking to become a plan sponsor for a new plan, consider whether or not you should include these design elements.
Keeping the investment option menu simple not only increases the odds employees will retire in comfort, it also helps reduce fiduciary liability for plan sponsors.
Rethinking Retirement Policy, Fees that Matter, and Keeping Investment Simple.
Maybe marketing isn’t all that it’s cracked up to be – at least when it comes to the best interests of retirement savers.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 1/29/16
Misplaced credit, Fiduciary Rule submitted, and more fee suits.