PERFORMANCE BENCHMARKS AND SELF-DEALING

-Every 401(k) plan and defined benefit plan has an investment advisor. The investment advisor has a fiduciary responsibility to avoid self-dealing. But in active investment strategies, that line can be blurred and easily crossed. The biggest potential for abuse comes...

PRUDENTIAL GOALMAKER APP UNDER FIRE

Prudential Goalmaker is an “app” designed to help balance an individual retirement account portfolio.  By guiding plan participants through several multiple-choice questions, the Prudential app helps each participant to identify their investor style, risk profile and...