Most of the investor ownership of exchange traded funds (ETFs) has occurred outside of retirement plans. Retirement plan providers continue to seek ways to offer ETFs within retirement plans and 401(k)s. This market area is highly dominated by mutual funds, reports Denise Appleby for Forbes.
Many feel ETFs are a good candidate for retirement plans; however, technical and fiduciary-related issues are in the way. Companies such as Invest N Retire, XTF Advisors and BenefitStreet have worked to overcome these barriers and include ETFs as an investment option. As the ETF market grows and more investors demand them in their retirement plans, perhaps we will see more companies stepping up to the plate.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.