Who Is Stewarding Your Retirement Plan?

Don Trone spoke on 'Who's inding your retirement plan?' in an article by Robert Powell at MarketWatch.

"According to Trone, the reasons why fiduciaries are not doing their job are threefold: 1) The vast majority of 401(k) plans are with small businesses, and owners and trustees already have a full plate running the company; 2) ERISA rules are complex, dense, and obtuse -- these are rules written by lawyers for lawyers; and 3) the DOL doesn't provide any investment fiduciary training. Yes, there's training on plan administration, but not investment training."

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