By William Kring, CFP
®, AIF
® Dec. 16, 2011
Click here to read the full article on The ABC News Website.
When investors are getting beat up by the markets, it's not without some envy that we look at the strong performance of the investment portfolios of Ivy League universities such as Harvard.
From 2001 through 2010 — a period known as the lost decade — the average annual return of the S&P 500, by some measures,was only about 1.7 percent. But while the S&P 500 languished, the Harvard University endowment achieved an average annual return of about 7 percent during the same period.
Read More...
Wednesday, 14 December 2011
ATLANTA, Dec. 14, 2011 /PRNewswire/ -- After many delays, companies with 401k plans and their service providers must now finally confront the Department of Labor rules going into effect next year. These new rules require disclosures to both the plan and the participants, and will surely leave a lasting mark on the 401k industry.
Read More...
Wednesday, 02 November 2011
The term “revenue sharing” refers to revenue paid from a mutual fund to another company – typically a record-keeper, for certain administrative functions performed for the fund. The revenue is usually passed along, in part or in whole to a number of service providers. These amounts may or may not be disclosed under current rules.
Read More...
As this well-known provision of the tax code passes the 40-year mark, more and more companies are shifting legal liability for their 401K plans to Fiduciary Investment Managers because of their ability to deliver an independent portfolio of investment funds while, at the same time, shoulder the liability associated with plan management advice.
Read More...
Sponsors of retirement plans have a serious and far-reaching responsibility to help employees achieve a secure financial future. The question is: How do you offer the best options to your employees while, at the same time, navigating the sea of associated fees and expenses? You start by learning the types of plan fees and who pays for them.
Click here to download the PDF.
Read More...
The Department of Labor has released final rules regarding ERISA section 408b2. These long-awaited - and now final - rules affect the arrangements between retirement plans and services providers as of July 16, 2010. 401k ProAdvisor, a division of Kring Financial Management, is providing new fiduciary services to assist 401k Plans in evaluating the new information.
Learn more.
Read More...
William Kring of Kring Financial Management has successfully completed Paladin's Background Check process and received a FADD™ (Financial Advisor Due Diligence) certification for the documentation that is published on the Paladin Registry website.
Read More...
