401k Ethos - New Book Released for Plan Sponsors and Retirement Advisors
MYSTIC, CT, February 8, 2010 -- Don Trone and Matt Hutcheson have teamed up to write a new book for 401k plan sponsors and their retirement advisors. The book, 401k Ethos, is the latest in a series of Ethos books based on the new principles-based fiduciary standard developed by Don Trone.
"We've taken a different tack with this book," reports Trone. "A lot of 401k material is focused on the liabilities and risks associated with the plan sponsor's and advisor's role. I should know; I'm embarrassed to say that I wrote a lot of it! With this new work, we are linking the dimensions of a fiduciary standard to the leadership behaviors that are associated with effective decision-makers. I'm not aware of any other work in the 401k industry that talks about how plan sponsors and advisors need to be viewed as leaders through the eyes of plan participants and beneficiaries."
Matt Hutcheson, who has acquired a strong reputation for being a participant advocate on Capitol Hill, reports: "401k Ethos taps into the passion that often is missing in the 401k industry. Too many people view 401k activities as being drudgery; thankless, risky business that no one seems to appreciate, particularly the participants. This book will put the responsibilities of managing a 401k plan in a different perspective."
401k Ethos is available through the Strategic Ethos site www.5ethos.com and will soon be marketed through a number of different financial intermediaries.
About Strategic Ethos
Founded in 2007, Strategic Ethos helps organizations define a standard of excellence that is based on leadership behaviors, core values, and a defined decision-making process. The founder and CEO, Don Trone, also is the founder of the Foundation for Fiduciary Studies and Fiduciary360, and is the former Director of the U.S. Coast Guard Academy Institute for Leadership. The company is located in Mystic, CT and its website is www.5ethos.com
About Matthew D. Hutcheson
Mr. Hutcheson is a professional independent fiduciary to retirement plans such as pension, 401(k), etc. He is the leader of the independent fiduciary movement, and is acclaimed for his unwavering advocacy for investors and plan participants. Public confidence and trust in the private pension/retirement system has been greatly enhanced due to Mr. Hutcheson's involvement in it. Hutcheson resides in Eagle, ID and his website is www.erisa-fiduciary.com.
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