The question now on the mind of every 401k fiduciary: Will the DOLâs new rule increase my personal fiduciary liability?
FiduciaryNews asked several prominent independent investment advisers what they felt about the joint agency RFI. They revealed six major concerns every 401k fiduciary must consider regarding annuities.
Why wait until now to bring up the three-month old blog? The bigger question, however, remains, âHow should a 401k fiduciary analyze mutual fund fees?â
Many feel the DOL rightly reversed earlier rules that allowed for too many potential conflicts-of-interest. But, will any new DOL guidelines only encourage a âcookie-cutterâ approach, doing the investor more harm than good?
Sometimes something that appears too good to be true really is. Professionals have long known the potential pitfalls of ETFs. Only recently have these facts become more widely known. Donât be surprised if, like a tube of toothpaste, squeezing one problem away only creates a bulge in a different problem.
Readers Select Top Fiduciary Stories of 2009: #5 401k Plans Recover Significantly by Year-End
The market boomerang has allowed many 401k participants to recover most, though not quite all, of their losses. A recent study cites three primary factors for this recovery.