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Higher Education Plan Sponsors Ramp Up Use of Investment Policy Statements
PLANSPONSOR; registration may be required
Nov. 13, 2017
"In light of a stronger focus on fiduciary responsibilities, more than three-fourths of higher education plan sponsors have implemented an investment policy statement, compared to 60% in 2015 ... 7% of respondents offer fewer than 10 investment options, while 31% offer 11 to 15 options. Just 12% of higher education plans offer between 16 and 20 investment options, generally considered to be the ideal number for accommodating -- but not overwhelming -- participants with choice."
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