{"id":6425,"date":"2022-10-06T09:12:10","date_gmt":"2022-10-06T13:12:10","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=6425"},"modified":"2022-10-06T09:12:10","modified_gmt":"2022-10-06T13:12:10","slug":"you-dont-need-an-ips-but","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=6425","title":{"rendered":"You don\u2019t need an IPS, but\u2026."},"content":{"rendered":"<p>A lawsuit against Goldman Sachs reiterated one point that most plan sponsors and their advisors forget: an investment policy statement (IPS) isn\u2019t required. However, Goldman Sachs is a financial powerhouse and its professionals had enough experience to pick investments. Unless you are a financial advisory firm, get an IPS because even with a good financial advisor, you\u2019re not as sophisticated investor as someone who works on the Goldman Sachs 401(k) plan.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>A lawsuit against Goldman Sachs reiterated one point that most plan sponsors and their advisors forget: an investment policy statement (IPS) isn\u2019t required. However, Goldman Sachs is a financial powerhouse and its professionals had enough experience to pick investments. Unless &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=6425\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6425"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6425"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6425\/revisions"}],"predecessor-version":[{"id":6426,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6425\/revisions\/6426"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}