SURVEY SAYS: Is Litigation Prompting Plan Design Changes?

Among those changes, according to the article, were things like adding more funds (index funds specifically), and self-directed brokerage accounts. 

This week I asked readers if they thought that was so – and if their firm had made any changes in response.  The responses were interesting – and somewhat “contradictory”.

First off, when it comes to whether plan sponsors generally had been prompted to make changes, a plurality (29.3%) said “probably some”, while another 15.9% said “yes.” 

On the other hand, 13.4% thought it was “doubtful”, another one-in-ten (9.8%) said simply “no”, and 11% noted those changes were “not directly in response.” 

Of course, that means that the remaining one-in-five said they were “not sure.”

And, after all – what do any of us know about “other people’s” motives?