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The Final Frontier -- Investment Advice and Professionally Managed Accounts (PDF)
Stephen J. Lansing of Bogdahn Consulting LLC, with Peter Gulia of Fiduciary Guidance Counsel
[Opinion] May 15, 2007
Excerpt: This paper gives fiduciaries and their advisors guidance ... by reinforcing the proposition that most participants need investment help. It will also make a case that 'target-date' funds, also known as lifecycle funds, should not be the primary, or preferred, default safe harbor. Lastly, this paper will provide reasons why every plan should provide participants with at least access to investment advice, and even seriously consider making it the default investment option.
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