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Senior VP of Retirement Advisory Services Alan Pfeffer was featured by InvestmentNews for his article, “3 best practices for avoiding a fiduciary breach.”
In regard to recent fiduciary breach lawsuits, Alan explains that "the lessons plan sponsors and retirement plan advisors can learn from the mistakes of those plan committees are applicable for plans of all sizes." Best practices such as determining fee reasonableness, vetting the investment lineup and offering less expensive alternatives can help plan sponsors mitigate their fiduciary risk, he argues.
InvestmentNews aims to be the leading source of news, analysis and insights for financial advisors and wealth-management professionals. They are dedicated to providing timely and accurate information that helps their audience make informed decisions, stay ahead of industry trends and grow their businesses.
For the full article, read here.
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