David Weiskopf isn't feeling at all defensive about the Government Accountability Office report on 401(k) managed accounts, despite the fact that it raised some pretty serious questions about their worthiness. 

In fact, you could almost say he found the report to be positive.

"Managed accounts may not be for everybody," concedes Weiskopf, a senior director of communications a Financial Engines, a Sunnyvale, California-based managed account provider. "But we are absolutely confident in the value we provide sponsors and their enrollees. And we know we're delivering it at a fair price." 

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.