Uses real plan data to show that retirement plans should use 'guardrails' to limit an employee's ability to unwisely allocate their investments . Provides unique insight into the law and economics of retirement plan design to demonstrate how plan fiduciaries can act proactively to create menus that benefit both employers and investors.
Uses real plan data to show that retirement plans should use 'guardrails' to limit an employee's ability to unwisely allocate their investments . Provides unique insight into the law and economics of retirement plan design to demonstrate how plan fiduciaries can act proactively to create menus that benefit both employers and investors.
Ian Ayres is a lawyer and economist. They are Deputy Dean and the Oscar M. Ruebhausen Professor at Yale Law School and a Professor at Yale's School of Management.
Inhaltsangabe
Introduction 1. The case for proactive fiduciaries 2. Fees and dominated funds 3. Of lawsuits and letters 4. What more fiduciaries should learn: Assessing the prevalence of allocation errors 5. What more fiduciaries should learn: Assessing whether participants portfolios perform poorly 6. What fiduciaries can do to remedy menu misuse: Different ways to implement streamlining and guardrailing 7. How should fiduciaries trade-off divergent participant interests? 8. Can streamlining and guardrailing mitigate allocation error? 9. The growing misuse of brokerage windows Conclusion Index.
Introduction 1. The case for proactive fiduciaries 2. Fees and dominated funds 3. Of lawsuits and letters 4. What more fiduciaries should learn: Assessing the prevalence of allocation errors 5. What more fiduciaries should learn: Assessing whether participants portfolios perform poorly 6. What fiduciaries can do to remedy menu misuse: Different ways to implement streamlining and guardrailing 7. How should fiduciaries trade-off divergent participant interests? 8. Can streamlining and guardrailing mitigate allocation error? 9. The growing misuse of brokerage windows Conclusion Index.
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