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re: Hobby Lobby's Retirement Plan Invests in Contraception Manufacturers
Posted on 4/1/14 at 6:38 pm to cwill
Posted on 4/1/14 at 6:38 pm to cwill
I'm guessing that you people are as dumb as you pretend when it comes to pension fund investing.
Many companies keep an "hands off" relationship when it comes to their pension plans. They hire someone else to do the investing and plan management for them.
I know many insurance companies that hire other companies to manage their pension funds to eliminate the possibly of any conflict of interest charges. These companies could well manage their own funds; they do it for other entities. It's a big financial world out there folks. Learn more about it before you get your collective panties in a wad.
Many companies keep an "hands off" relationship when it comes to their pension plans. They hire someone else to do the investing and plan management for them.
I know many insurance companies that hire other companies to manage their pension funds to eliminate the possibly of any conflict of interest charges. These companies could well manage their own funds; they do it for other entities. It's a big financial world out there folks. Learn more about it before you get your collective panties in a wad.
This post was edited on 4/1/14 at 6:46 pm
Posted on 4/1/14 at 6:51 pm to Gray Tiger
It's not a pension fund, it's a 401k plan. The company selects the 401k plan provider.
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