The agency examined the reports and disclosures pension plans are required to make to government agencies and plan participants and the ways these reports are inefficient or ineffective.
Although advisors recognize that time management is among the most important business attributes they can possess, they struggle to manage their time effectively.
In July 2012, 50 percent of retirement plan participants didnt know how much they were paying in fees and expenses. One year later, a follow-up survey tells the same story, LIMRA said.