Is It Time for Plan Fiduciaries to Review Fees?

June 25, 2012 at 6:52 am Leave a comment

On Friday, I noted that Plan Fiduciaries had a responsibility to monitor service provider fees and ensure they are reasonable in order to ensure they are protecting the interests of plan participants.  One of the interesting implications of the new fee disclosure legislation is that some service providers have reduced their fees.   If a plan has not seen its fees reduced, it may be a great time to break with any pre-determined monitoring schedules and check early.

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Entry filed under: Ethics. Tags: , , , , , , , , , , .

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Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

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