A number of retirement plan experts believe that 401k plan participants should only be allowed to invest in index funds. They say the additional cost that participants pay for actively managed mutual funds is not justified by better performance.
Based upon more than 30 years of experience working with employer retirement plan sponsors, here are my thoughts on what should be included in your 401k investment fund lineup.
As a 401k investment adviser who is also an Accredited Investment Fiduciary (AIF), I have worked with investment committees for decades. During that time, I have found the following three fiduciary responsibilities to be most important for every 401k investment committee.
As an Accredited Investment Fiduciary (AIF), I am a retirement plan fiduciary compliance expert. Following are answers to the eight fiduciary questions I hear most often from employers.
How to find out if you are working with an advisor whose background is best for your needs.
None are index funds and only one is an ETF.
Follow these 10 steps to achieve your retirement goals.
SEC filing shows new fund intends to pay investors for their money.
If you are paying an advisor, active management appears to make more sense.
Fidelity study shows active management beats passive in most investment categories.