Risk of Self-Directed Brokerage Accounts in 401(k)s
W. Scott Simon Those of you that are investment advisors to fiduciaries of 401(k) plans are probably familiar with what is referred to as
January 5, 2006 No Comments
Menu
W. Scott Simon Those of you that are investment advisors to fiduciaries of 401(k) plans are probably familiar with what is referred to as
W. Scott Simon More and more corporations in America are changing the structure of the retirement plans they offer to their employees. In many
W. Scott Simon The ideal conditions for achieving investment success are created by disciplined application of three major themes found in modern prudent fiduciary
W. Scott Simon Most fiduciaries of 401(k) plans have a service provider that in some way gives assistance to them concerning plan investment options.
W. Scott Simon My article last month focused on a broker-dealer investment consultant to a 401(k) plan. In the consultant-drafted contract governing the plan
W. Scott Simon “The battle of Waterloo was won on the playing fields of Eton.” This line has been attributed to Arthur Wellesley, otherwise
W. Scott Simon My column this month continues to focus on the contract between a well-known broker-dealer investment consultant and the fiduciaries of a
The ever spreading tentacles of the Uniform Prudent Investor Act.
New Prudent Management of Institutional Funds Act completes fiduciary trifecta.
The remaining important provisions common to UPMIFA and UPIA.
Ignorance and conflict of interest: Welcome to the world of non- profits.
In non-profit world, there are two approaches to providing investment advice; unfortunately, “imprudent speculation” is the dominant choice.