BCG Blog

All Posts

What Do Employers Really Want From Their 401k Consultant?

While employers complain about the mountains of paperwork involved in plan administration, their employees complain about not understanding the offerings. Employees who feel that they don’t understand a plan or its benefits may reduce the amount of assets in the plan by not enrolling at a maximum contribution or not enrolling at all.

Read More

Getting Beyond Retirement Buzz

Online retirement investment advice is rampant – from expert advice to personal advice with no real qualifying data. And your plan participants are using that information to make key retirement decisions. With all the noise regarding retirement, how do you help plan participants sort through it all?

Read More

The Case for Fee-based Compensation

Fee or commission? That’s the question that continues to be debated in the financial services industry as advisors list their reasons for supporting one over the other. With more investors seeking the fee-based commission model, how can advisors know when it’s right for their practice? 

Read More

Payment of Compensation to IRA by company owned by IRA was a prohibited transaction

Over the past several years, a technique for financing new business ventures using funds from an IRA or qualified plan has gained increasing popularity. The IRS has cautioned against the pitfalls of using a plan or IRA in this fashion.

Read More

Duty to monitor Annuity Provider ends after annuity product no longer available as a plan distribution option

Most employees know they can defer paying income tax on money they save for retirement in a traditional 401(k) or individual retirement account until they withdraw the money from the account.

Read More

Department of Labor updates guidance on proxy voting and exercising shareholder rights

Because of changes in philosophies regarding factors contributing to long-term shareholder value, and an overly strict interpretation of past guidance, DOL withdrew some of that guidance and restated its position on these issues.

Read More

Need a Proposal?

Before leaping into the unknown, we recommend a thorough examination of your plan. Because we are experts in the field, we know the marketplace and know what your existing vendor is capable of offering.  Through this examination, we can help you optimize the service you receive.

get xpress proposal