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Looking for an Impartial Voice on Retirement

 

For befuddled 401(k) investors, help may be on the way.

Employers are increasingly using Web sites that offer independent 401(k) investing advice. In the wake of Enron, industry leaders Financial Engines and mPower report a surge in interest from employers.

The trend, which could mark a welcome shift for 401(k) participants, has occurred amid growing awareness that many employees are hard-pressed to manage their retirement accounts entirely on their own. Many have seen their balances dwindle during the market downturn. Yet even now, participants often receive little aid in figuring out how much to save or where to put their money. ...

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