Two weeks ago, Vanguard's Steve Utkus posted a thoughtful, if not quite fully informed, take on the work of our friends at BrightScope.*
We encourage you to read Steve's original post here.
Then take a look at Ryan Alfred's response at BrightScope's blog.
We're pleased to see these types of exchanges. They should help everyone who cares about the future of retirement security in this country understand what is being done well and what can be done more efficiently and effectively.
* Full disclosure: Interlake has believed in BrightScope's basic approach from the outset and we subscribed to their Advisor Central service in October, 2009. We want them to succeed, we believe they will (more to the point, we see that they are succeeding), and we think their data and related services can help us bring a truly fiduciary approach to retirement plan participants at companies of any size and shape.