Fiduciary Links: Considering 401(k) plans from advisor and client perspectives
Posted by fi360 Team on June 02, 2014
>>>>>This week’s links included numerous articles pertaining to 401(k) plans, which both advisors and clients may find useful. Consider this article by ThinkAdvisor, which claims that just one or two options for fixed income in your retirement plan lineup may not be enough to meet your clients’ needs. It stresses the need for advisors to find the right balance of stocks and bonds for clients.
There were also some great links to share with your clients about their retirement. This US News article claims that retirement should come first, in most cases. One convincing argument states that it’s possible to borrow to finance college, but not for retirement, and that it may hurt everyone in the long run to put college first.
Finally, the problem of what to do with 401(k) account balances when changing jobs is addressed. This article offers 401(k) advice to mobile employees, including not to cash out the plan, and to keep the money in tax-deferred accounts. This ThinkAdvisor article looks at the reason why employees make the decision to keep, roll over, or cash out a retirement plan, and stresses the importance for advisors to educate themselves on the options.
Now on to the rest of the week’s best links:
News and columns from the leading trade, consumer, and mainstream media:
- Calm before the RIA storm [InvestmentNews]
- For Millennials, ‘life stops when the iPhone dies’ [InvestmentNews]
- 4 considerations when evaluating alts [InvestmentNews]
- 5 reasons you don’t get more referrals [ThinkAdvisor]
- Is there enough fixed income in your retirement plan lineup? [ThinkAdvisor]
From the organizations/associations/government/academia:
- FINRA issues new investor alert: high-yield CDs: red flags that signal a scam [FINRA]
- FINRA makes dark pool data available free to the investing public [FINRA]
From the blogs:
- What are the KPIs for your financial planning firm? [Nerd’s Eye View]
- Trending topics for ERISA plan sponsors [FiduciaryNews]
- The true cost of hiring yet another manager [Harvard Business Review]
- Most fiduciaries using Target Date Funds are inviting lawsuits [Investor Watchdog]
Articles your clients are reading, (or should be):
