401(k) Fridays Podcast

There has been vast improvement by retirement plan fiduciaries when it comes to reviewing fees and investments.  We even see more retirement plan committee who check the box on other important fiduciary tasks. But does that mean they have a good governance process?  With that said, what is fiduciary governance, what does good governance look like and can you be a top notch fiduciary but leave yourself exposed to risk with poor governance? We tackle this and more today in my conversation with Andy Larson, Director of Retirement Education at the Retirement Leaning Center.  Right out of the gate Andy shares what he feels the key missing ingredient to good governance is. We also tackle many common questions we get from employers about governance such as who should be on a fiduciary committee, how often should you meet and what should you address every year. Stay tuned because some answers you have heard in the past have been updated based on what we have learned from ERISA litigation and other trends.  You will a