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Redefining Value and Prudent Process in Light of Recent Class Action Lawsuits over 401(k) Fees (PDF)
Richard D. Glass in Benefits & Compensation Digest, a publication of International Foundation of Employee Benefits 
June 1, 2007 Excerpt: In this paper, a new perspective on 'prudent process' and 'value' will be introduced, and the traditional definitions will be challenged. Fiduciaries will also be shown the type of quantitative data they need to objectively determine if their 'prudent process' is actually delivering 'value' to their participants. MORE >> |
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