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'Do No Harm' Is Not Nearly Enough for Plan Sponsors
Pensions & Investments Link to more items from this source
[Opinion]
Jan. 7, 2022

"Under the fiduciary standard, plan sponsors can't default to simplistic rules of thumb when selecting investments for a retirement plan.... Benefits to plan participants, not litigation risk or convenience, should be [the] focus.... Active or passive, plan sponsors have the same responsibility.... Active and passive are not diametrically opposed.... Active investments add value.... Plan sponsors should focus on 'value for cost' of specific investments."

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