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DC Plan Sponsors Can Build Better Lineups and Reduce Fiduciary Risks through a Discretionary Investment Approach
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July 26, 2016
"Factors like investment complexity, increased fee pressure, litigation and the increased reliance on DC plans as the primary retirement savings vehicle, place tremendous pressure on plan sponsors.... [S]imply choosing brand-name funds, passively managed funds or funds provided by recordkeepers are no longer automatically safe choices.... [P]lan sponsors and committees are often understaffed, stretched for time or simply lack the expertise to effectively manage and monitor complex investment portfolios."

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