Lincoln Trust Co. last week released a report on six "megatrends" that would affect the retirement plan industry in 2012. These trends focus largely on upcoming regulatory changes, but also include wider industry changes.
|"In this volatile market, we are tracking both industry and Department of Labor regulatory trends to help retirement plan advisors, plan sponsors and participants understand the changes that will unfold over the next 12 months," said Tom Gonnella, senior vice president of corporate development for Lincoln Trust. "With new regulations and greater awareness of the impact that fees have on the long-term performance of 401(k)s, this is a pivotal year for the industry. But more needs to be done to help plan sponsors and participants be successful in planning for their retirement future."
|To read more about the six megatrends Lincoln Trust sees in 2012, which include fee disclosure legislation, "C" suite sticker shock, new fiduciary standards and more, click here:
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