March 15, 2011
"There is ample evidence that individuals who work with a professional advisor enjoy better retirement outcomes than participants left to their own devices. Current and proposed regulations however can prevent the advisor to a retirement plan from also providing advice to individual participants if that advisor receives compensation from that advice. Of particular concern is participants’ ability to access advice from the person they know well, who can help them most when they separate from service to retire: the advisor to the plan."
