Lost in translation: 401(k) investment education programs

That’s Chicago’s own Bill Murray and Scarlett Johansson pictured in a scene from Lost In Translation, the 2003 movie in which they co-starred.

I’ll skip the movie review and just describe it as writer/director Sofia Coppola’s story about Murray and Johansson playing two people out of sorts with Japan, the country they find themselves visiting. Coppola won the Oscar that year for Best Writing, Original Screenplay.

Kinda like 401(k) participants attempting to translate investment education programs in managing their accounts. My September column in Employee Benefit News discusses how many plan sponsors have added an independent investment advice component to address the situation. Here is the link (free registration may be required) .  


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