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Interview: Larry Goldbrum, General Counsel of SPARK Institute, a financial services trade group
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June 18, 2009 04:04 PM PDT
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Aired 06/12/06 Larry Goldbrum, General Counsel of SPARK Institute, a financial services trade group. From the viewpoint of Ron DeLegge, Host of the Index Investing Show, the SPARK Institute is defending the 401(k) status quo. How can they say everything is fine when $2 trillion of retirement money is gone? The 401(k) system needs: 1) Low-cost index funds and index ETFs as mandatory investment choices; 2) A more diversified range of investment choices that include commodities, gold, and international bonds; 3) and meaningful reform/improvements of target-dated retirement funds.