Fee Disclosure Expectations

July 6, 2012 at 7:05 am Leave a comment

There has been a great deal of discussion regarding the new fee disclosures.  The following article from The Daily News by Phyllis Furman at http://www.nydailynews.com/news/money/ready-aha-moment-401-fee-disclosure-article-1.1101842 expresses some concerns.  An interesting statistic stated that a Charles Schwab survey indicated that a surprising 95% of participants did not know their 401(k) plan’s funds’ expenses. Even after years in the industry, my jaw dropped.  Despite the whining from a lot of industry members, it is clear how much the required disclosures are needed!

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Entry filed under: Ethics, Pension Reform, Retirement. Tags: , , , , , , , , , .

Fun 401(k) Quiz Fee Disclosure Predictions 2

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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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