Most plan sponsors like their advisers, but 38% want to switch, says Fidelity
Survey finds top concerns are reducing plan expenses and managing fiduciary responsibilities.
While 65% of plan sponsors are highly satisfied with their plan advisers, a record share of sponsors — 38% — are actively looking to switch advisers, up from 30% last year, according to a study of plan sponsors conducted by Fidelity Investments.
The study, which began in 2008, surveyed employer
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