If you’re a fiduciary and you haven’t ask this question, you might want to read this before you make your next decision.
Posts From Christopher Carosa, CTFA
For 8 years as Assistant Secretary of EBSA, Phyllis Borzi fought vigorously to protect plan sponsors and retirement savers under the uniform fiduciary umbrella. Here, she answers questions about the past, present and future of the Fiduciary Rule.
Policy incentives, fiduciary confusion, and the fee disclosure shell game.
Are LPOAs enough to end the confusion? Maybe not. But they do provide the legal basis for which one can substantiate the reality of a fiduciary relationship.
Fiduciary Scorecard: SEC down and DOL out; 12b-1 matters; and TDFs might not (in the way you think they do)
The definition of “conflict-of-interest” has become so broadly defined as to render it useless. It’s better to focus on the one conflict-of-interest that, with very limited exceptions, fiduciaries have had to outright ban for centuries. Ironically, in contrast to this precedent, it remains the one conflict-of-interest the DOL expressly permits.
Lotta regulator noise, fiduciary fallout, and DOL comes clean on “social” investing.
The controversial and decidedly partisan report not only took aim at the policies of the current administration, it entered into the passive/active debate by solely targeting actively managed funds. Worse, the report reveals a rather naïve understanding of mutual funds and investing.
SEC punts fiduciary, fees aren’t everything, and old time investing.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 5/18/18
Fiduciary c’mon man, fee disclosure flop, and back to the old investment game.