Plan sponsors are looking at fees and accountability, experts say

03/19/2012 | AdvisorOne

Sponsors of 401(k) plans will concentrate more on fees and focus increasingly on accountability for advisers' level of service, experts say. "Plan sponsors are realizing fiduciary is a verb, rather than just a noun. ... You must act like [a fiduciary] through tenured experience, thought leadership, and training and continuing education," says Josh Itzoe of Greenspring Wealth Management.

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