Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

The Critique of 401(k) Plans by Professors Ayres and Curtis: An Analysis
October Three Consulting Link to more items from this source
[Opinion]
July 15, 2014

"Ayres and Curtis's distinction between the current law's focus on process and their proposed focus on substance may be more semantic than real.... One obvious problem, however, with their 'no prudent person could reasonably believe that the fund in question ought to be held by investors' standard: as some courts have pointed out, investors do in fact buy these funds -- someone is investing in them. Are all those investors unreasonable or do they just have a different view of how the market works? Can their proposed standard be administered? That is, will courts, and sponsor-fiduciaries, be able to consistently identify which are the 'bad' funds?"

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).
© 2024 BenefitsLink.com, Inc.