Retirement guardrails : how proactive fiduciaries can improve plan outcomes / Ian Ayres, Yale Law School ; Quinn Curtis, University of Virginia School of Law
Published
Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2023
Introduction -- The case for proactive fiduciaries -- Fees and dominated funds -- Of lawsuits and letters -- What more fiduciaries should learn : assessing the prevalence of allocation errors -- What more fiduciaries should learn : assessing whether participants portfolios perform poorly -- What fiduciaries can do to remedy menu misuse : different ways to implement streamlining and guardrailing -- How should fiduciaries trade-off divergent participant interests? -- Can streamlining and guardrailing mitigate allocation error? -- The growing misuse of brokerage windows -- Conclusion
Summary
"Uses real plan data to show that retirement plans should have limits on permissible allocations, or 'guardrails,' to improve participant welfare. Provides unique insight into the law and economics of retirement plan design to demonstrate how plan fiduciaries can act proactively to create menus that benefit both employers and investors"-- Provided by publisher
Bibliography
Includes bibliographical references and index
Notes
Description based on online resource; title from digital title page (viewed on June 16, 2023)
