Hoo, boy! From the “how-can-that-be?” files, new survey results from the Spectrem Group reveal that one in 10 plan sponsors (thankfully, a minority) believe they pay no fees for their retirement plan. If plans sponsors don´t know about these fees, how can they educate investors who need desperately to discern them to secure their retirement future? I encourage the 90% of plan sponsors who know better to coach up their naïve, uninformed peers.
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