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The Top Four Trends Guiding 401(k) Professionals
MarketWatch
[Opinion] Jan. 7, 2013
"Twenty years ago it was common practice for a company to engage one person or firm to act as a stockbroker, life insurance agent, property/casualty/health insurance broker and oversee the company's 401(k) plan. Today, after 'surviving' 408(b)(2), 404(a)(5), the Pension Protection Act and accepting the general acknowledgment that Americans are critically underprepared for retirement, it has become an industry 'best practice' to retain a firm or adviser who focuses 100% of his attention on the 401(k) plan and the participants of those plans."
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