Mandatory 401(k) audits: Fiduciary friend or foe?

E. B. N.
March 2007
Employee Benefit News;Mar2007, Vol. 21 Issue 3, p7
The article presents excerpts of a debate in the "USA Today" newspaper on whether U.S. Congress should adopt stricter rules for retirement plans particularly mandatory 401(k) audits. The editorial board recommends Congress to consider mandating regular audits of all 401(k) accounts. The opposing view of Jan Jacobson of the American Benefits Council states that adding stricter rules will not deter fraud. Several reader responses regarding the issue posted at usatoday.com are presented.


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