News and Updates
Is Your 401(k) Plan Adviser Costing Employees Retirement Money? – Brian Allen, CFP® in Advisors Magazine
Last Updated: February 18, 2021
PCI Founder and Chairman, Brian Allen, CFP®’s article, “Is Your 401(k) Plan Adviser Costing Employees Retirement Money?” was recently featured on advisorsmagazine.com. Allen offers tips on how 401(k) fiduciary committee members can select plan advisers that will perform for their participants.
Allen states, “Many companies have committees responsible for overseeing their employees’ 401(k) plans. These committees often depend on plan advisers, and to do their best to help employees maximize their 401(k)s, it’s vital that committees vet those advisers and carefully judge their performance.” The goal of a retirement plan adviser should be to enable clients’ participants to retire on time with dignity. Participants of 401(k) plans want to know that their retirement savings are in good hands, with an honest and trustworthy adviser.
Read more tips on selecting the right plan adviser for your people in the full article.