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401(k) Plan Sponsors Are Increasingly Hiring Fiduciary Advisers

FYI: (Click On Article Title At Top Of Google Search)

Employers sponsoring a 401(k) plan, especially small business owners, are increasingly hiring investment advisers who serve as fiduciaries to their retirement plan, new research suggests.

About 70% of all 401(k) plans used an independent investment adviser — separate from the plan's record keeper — to assist with fiduciary responsibility in 2016, according to a new study from the Plan Sponsor Council of America. That's up about 3 percentage points over 2013.
Regards,
Ted
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