Fee disclosure rules, coupled with a number of high-profile lawsuits against 401(k) plan sponsors, have renewed employers’ interest in retirement plan fees. Martha G. King, managing director of Vanguard’s institutional group, spoke to EBN about the evolution of retirement plan education, employers’ focus on fees and the challenges of guaranteed annuity products within 401(k) plans.
What changes have you observed over the years in what plan sponsors are looking for from a retirement plan service provider?
