Keyword: rfp process

Advisers and Commoditization

Plan sponsors regularly reach the conclusion that advisers are all interchangeable because, so often, on paper, all advisers look the same. If plan sponsors adopt this assumption, adviser services can simply become a race to the bottom of a commoditized marketplace.   Read More

Orphan Plans Under the DOL Rule

File this under the category of unintended consequences: On the one hand, the DOL conflict-of-interest regulation could create more orphaned plans without an advisor, while at the same time probably making it more difficult for record keepers to assign these plans to an appropriate advisor.   Read More