Several years ago, after I had just finished giving my talk to 401(k) fiduciaries at a national conference in Washington, D.C., a man came up to me.
"Great presentation, Chris," he said in lieu of introducing himself.
My speech was on the dangers to fiduciaries who offer only index fund options to 401(k) participants. This fellow took to heart what I had said. He had been limiting his recommendations too – he was a broker, it turns out – and creating plans with only index funds and, after hearing the points I made, he wanted to protect his fiduciary hind side.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.