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IBM 401(k) Participants Need Their Own 'Shadow' Fiduciary to Guard Retirement Benefits
Forbes; subscription may be required 
[Opinion] Feb. 12, 2013
"The existing legal framework is, and has for decades been, failing participants in retirement plans of all stripes ([DB], as well as [DC]) ... [The author's] advice to IBM's 401(k) participants is that they establish their own 'shadow' 401(k) fiduciary, or retirement benefits guardian, whose role will be to vocally represent their interests solely.... The goal is to prevent an employer-retirement plan sponsor with infinite resources, assisted by expert advisors, and limited incentive to tell the truth, from using arcane devices to pursue its own objectives whilst workers are kept in the dark."
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