Benefit Strategies
‘Saving for retirement is not getting any easier. Yet the people charged with steering many of the nation’s 401(k) plans often have little investing experience and no formal education’[1]. SmartMoney Magazine recently published a three part article profiling three different plan sponsors, detailing how they were coping with their fiduciary challenges.
As the great mass of baby boomers approach retirement, a new book titled Wealth Management In The New Economy by Mindel and Sleight, share the six most important things you need to know about retirement planning. Read More.
Liability-driven investing, a popular strategy in the world of pension-fund management, could be the next big trend in retirement planning for individuals. Read More.
We are still waiting for the Department Of Labor to issue final regulations on ERISA section 408(b)(2) concerning disclosure of services, compensation and conflicts of interest for service providers to retirement plan sponsors. In the meantime, should plan sponsors retain their current contract and disclosure practices that do not meet the DOL’s proposed requirements?
A Bundled Plan Can Cost Plenty!
The hidden charges in most bundled 401(k) plans can create a substantial drag on plan assets over time. Read More.
