Feature
OPPOSING VIEWS
ON AUTOMATED FEATURES
By Gabriel Potter, AIF
T
his issue of Confero focuses on the advantages of automated features. It would be remiss of
us not to include at least some mention of the costs or potential disadvantages of automated
features for a retirement plan. We have heard from a few consultants and plan sponsors that
have had a less than ideal experience using automated plan features. We would like to share a
recent Q & A session with consultant John Edwards working at Ivy Wealth Management. The conversation
highlights the risk of using substandard service providers when adopting automatic features.
16 | SUMMER 2014
18
2013