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fact check: Pensions in the US are only allowed to invest in the absolute worst returns options Investopedia reports : ERISA does not regulate a pension plan’s
by rfinney 8y ago
fact check:
Pensions in the US are only allowed to invest in the absolute worst returns options
Investopedia reports : ERISA does not regulate a pension plan’s specific investments. ERISA does require plan sponsors to operate as fiduciaries. No conflicts of interest between plans and any people or entities related to the fiduciaries are allowed. Investments are to be both prudent and diversified in a manner that is intended to prevent significant losses.
( https://www.investopedia.com/articles/investing-strategy/090916/how-do-pension-funds-work.asp https://www.investopedia.com/articles/investing-strategy/090... )