About Joe Reese 7 posts published

Joe is is an Institutional Retirement Consultant for Unified Trust Company, serving and overseeing the the Midwest and West Coast Territories of the United States.

Is There a Better Way?

We’ve had to complete a number of request for proposals (RFPs) recently. The last one came in at over 50 pages when all the questions were appropriately answered. What if that Plan Sponsor went out to 6 companies for RFPs and all the RFPs were comparable in size…that’s...

Show Me The Money

I don’t like to fear-monger.  So in the past when a plan sponsor or advisor tells me “only the big plans are being sued over investments,” I nod my head and say, “Yes, today that is true” and add there is a higher likelihood of a DOL/IRS audit...

A Little Help Here

I think we can all agree that ERISA is an interesting yet somewhat complicated document – especially for those who don’t spend a large amount of their time reading and interpreting it.  For larger employers with an experienced HR staff, complying with ERISA as it pertains to their...

The Self Help Aisle Will Never Go Away

Recently our Founder & CEO Dr. Greg Kasten was interviewed by U.S. News and World Report on the topic of Retirement Advice You Should Avoid. This subject is particularly relevant because it’s our opinion that participants aren’t suffering from a lack of advice or information. Our industry is...

The Directed Trustee Loophole

“On the one hand, fund companies are hired by plan sponsors – and required by law – to create menus that serve the interests of plan participants. On the other hand, they also have an incentive to include their own proprietary funds on the menu, even when more...

Target Date Funds Miss The Target

There has been a significant shift of focus in the industry on the utilization of Target Date Funds. The reality is that most Target Date Funds are missing the target or goal of “planning” for retirement. MarketWatch recently featured an article titled “Many Boomers’ 401(k)s Are Way Out...