Mark Twain once said he was more concerned with the return of his money than he was with the return on his money. But he never managed a retirement plan. In the interest of plan participants, fiduciaries have to be concerned with both. Making decisions about how other people's retirement money is being invested is not an easy job. For a variety of reasons, it's not likely to get any easier in the 1990s. But, with a better understanding and a sound decision-making process in place, perhaps fiduciaries can sleep better. And, ultimately their employees can afford to retire.
展开▼
