401k
Exclusive Interview: Jerry Schlichter Says 401k Plan Sponsors Should ‘Peel The Onion’ On Fees
“Industry participants also argue that the rule transforms one-off transactions into fiduciary relationships in violation of the common law, but the common law of the states is divided on this, and there is a need for a federal standard regulating investment advice fiduciaries.”
5 Tips For 401k Plan Sponsors To Improve Retirement Saving Outcomes For Employees
Plan sponsors ought naturally to know how the plan addresses the needs of their business, but do they really know how to tweak the plan to improve outcomes?
7 Opportunities 401k Plan Sponsors Have To Improve Plan Efficiency And Effectiveness
This isn’t a compliance audit, it’s an operating efficiency audit. That covers plenty of ground, from technology to benchmarking the value offered by the service provider.
The Fiduciary Futility Of 401k Fees
Oddly, it’s usually the opposite for mutual funds. Actively managed (higher operating cost) funds tend to perform better during market downturns. Passive (lower operating cost) funds, on the other hand, generally perform better during growth markets.
Investment Menu Basics for 401k Plan Sponsors Seeking To Reduce Their Fiduciary Liability
If plan sponsors are working with the appropriate plan fiduciary, then an ongoing review of the fund’s performance, fees, and underlying risk should be part of their ongoing process
5 Major Advantages 401k Plans Have Over Pension Plans
For all the rose-colored eyes that have a created a legend flawless certitude concerning memories of a time that never existed, pension plans simply can’t measure up to 401k plans.
The American Airlines ESG Fiduciary Case Exposed The Problem With Mandated Proxy Voting (And More)
Herein lies the potential for a direct conflict of interest. This applies generally to all proxy voting in commingled portfolios.
The Irony Of Taxing 401k Plans To Save Social Security
Worse, if the “alternatives” alluded to by the paper entail government backed programs like Social Security, this could have a debilitating impact on encouraging people to be responsible for funding their own retirement.
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