The research showed that «plan sponsors and recordkeepers might not be on the same page in thinking about topics related to improving the quality of the investment lineup, minimizing fiduciary risk / avoiding litigation and reducing plan administration costs,» Jessica Sclafani, retirement director at Cerulli, said in a statement. (thinkadvisor.com)
David J. Witz is the managing director and founder of Fiduciary Risk Assessment LLC (FRA) and PlanTools, LLC. (abajournal.com)
While more research is needed to determine the «right» retirement income investment, the majority said no additional fiduciary risk, liquidity, and inflation protection were the most important attributes in a strategy. (insurancenewsnet.com)