In recent weeks, a couple of advisors have written to share experiences with provider charges that could create something of a fiduciary quandary.
One of those issues involved charging to replace or remove funds from a 401(k), which, of course, adds an additional cost consideration to the fiduciary’s decision to make fund menu changes, certainly if – as in this case – the charge was relatively significant.
This week, we’d like to know – and give you a chance to share your experience: Have you been confronted with restrictions – timing or pricing or something else – that hindered (or threatened to hinder) your acts as a plan advisor and/or plan fiduciary? If so, what did you do, and how were you able to resolve the potential conflict?
You can reply to this week’s NAPA Net reader poll at https://www.research.net/r/CX3HJS3 (anonymously, of course) – and we’ll have it all wrapped up for you on Friday.
