Experts to Discuss Key Concerns in the Rapidly Changing 401k Marketplace
MADISON, WI, February 19, 2008 -- Interlake Capital Management, LLC, conducted a conversation between the firm's Chief Investment Officer, Kevin S. Price, and Matthew D. Hutcheson, one of the country's best-known and most influential independent fiduciaries.
The full conversation can be heard by clicking here.
Hutcheson, whose commitment to participants and beneficiaries is unmatched anywhere in the industry, will join Price for a philosophical discussion about the general state of the retirement industry, the shortcomings of many established 401k plans, legislative and regulatory developments, and Interlake's pension-caliber approach to defined-contribution plans.
"Interlake Capital Management has developed a program that fully reflects ERISA's fiduciary principles," Hutcheson said. "I look forward to this interesting and important discussion and I think all interested parties will benefit from listening in," he added.
"We reached out to Matt a few months ago because his philosophy so closely matched our own," said Price. "We saw big problems in the 401k marketplace and drew tremendous inspiration from Matt's tireless efforts on behalf of plan participants. We think Thursday's conversation will help sponsors, participants, journalists, and our industry colleagues better understand the 401k landscape."
About Interlake Capital Management, LLC
Interlake Capital Management, LLC, is a fully independent registered investment advisor located in Madison, Wisconsin. The firm, which provides money management services to private clients and retirement plans, can be reached at 608-204-9709 or info@interlakecapital.com. Additional information is available at the firm's website (InterlakeCapital.com ) and blog (TheFloat.typepad.com).
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