Report: Fee disclosure drives changes in 401(k) plan offerings

Primarily because of fee-disclosure regulations adopted by the Department of Labor, 51% of 401(k) retirement savings plans anticipate changing the investments they offer in the next 12 months, according to a survey by Cogent Research. "More sponsors are trying to reduce plan costs," said Linda York, lead author of a report analyzing the survey. "They are looking at ways to adjust the investment menus and still have a robust enough lineup."

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