GAO Addresses Conflicts of Interest with Retirement Plans

Click here to read recent testimony on conflicts of interest in retirement plan made before the Subcommittee on Health, Employment, Labor and Pensions, Education and Labor Committee, House of Representatives.

Some of the findings:  Vendor and trustee conflicts should not be ignored.  Experienced, non-conflicted Consultants can help identify these hazards and develop solutions to overcome them.  Beware of proprietary investment products, conflicts with revenue sharing to vendors, and compensation motivations with one fund over another.