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DC record-keepers hope less is more

Facing renewed pressure to cut fees amid already razor-thin margins, the record-keeping business is doing all it can to streamline what it does.

By Allen Greenberg | Updated on November 04, 2013

PALM BEACH, Fla. – Facing renewed pressure to cut fees amid already razor-thin margins, the record-keeping business is doing all it can to streamline what it does.

Just how best to move forward in accomplishing that was the topic of one of the panel discussions Monday at the 2013 Society of Professional Asset-Managers and Record Keepers meeting.

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