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Relationship Manager – Defined Contributions Daybright Financial
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The Fiduciary Duty Around 'Fee Reasonableness'
Fiduciary Benchmarks
July 23, 2025 "If a plan fiduciary is looking for little or no services for the participants and the simplest of investments, then lowest cost may be the right cost. But if they are looking to provide a robust set of services ... and to offer investments that will provide, for example, guaranteed retirement income, then lowest cost isn’t right.... [Of] six key retirement assumptions, decreasing fees has the least impact on the investor’s retirement readiness ratio." MORE >> |
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