The Enron disaster may be the event that leads to defined contribution pension reform. In a post-Enron world, employers could emphasize the importance of employee financial planning by viewing retirement plans from a risk management perspective. Employers can begin to consider issues such as conducting initial baseline research, establishing goals, defining scope of content, and selecting providers once they understand the importance of having an optimal program based on best practices. In selecting providers, for example, most insurance and investment firms fall into the commission-based category. However, in dealing with the threshold question, employers will also find that some insurance and investment firms are categorized as fee-based, and accounting firms, independent benefit firms, and regional and boutique financial planning firms tend to be fee only. Baseline data would help employers to evaluate whether progress has been made. Low levels of supplemental life and disability insurance are among the potential problems employers could face as they seek to address employee financial planning from a risk management perspective.