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Private Education 403(b) Plans, Part 3: Abandoning the Old Order
Fiduciary Plan Governance, LLC Link to more items from this source
June 10, 2014
"Private education institutions plans face unique challenges: [1] Their plans tend to have many more investment providers.... [2] Vendors to their plans often focus more on how their investments are better than other vendors to the detriment of promoting general education, participant investment success, and general plan effectiveness and efficiencies. [3] Private education institutions have historically relied on incumbent vendors, with little or no investment review. In other words, the institutions do not have an 'oversight' culture and investment process in place."

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