FiduciaryNews

Posts From Christopher Carosa, CTFA

Supreme Court Plays Solomon with 401k Fiduciaries on Mutual Fund Fees

Most interesting, though, may loom the warning of Justice Alito: When is comes to fiduciary duty, disclosure isn’t enough. One wonders if the DOL is listening.

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2008 Market Meltdown: Are We Headed for a Repeat?

At one point within two days of a total meltdown, our financial markets appear to have recovered. Can we now say with certainty what went wrong? Will misguided “solutions” only place our markets are risk once more?

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CITs in 401ks: The Good, the Bad and the Ugly

As usual, be careful about elixirs marketed as cure-alls. Personally involved in creating CITs in the early 1990s specifically to market to 401k plans, I’ll share my experiences with you here.

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Readers Select Top Fiduciary Stories of 2009: #4 Caterpillar Settlement

$16.5 million is a large price to pay for disclosure and due diligence a plan fiduciary can simply and consistently address. This may be the easiest action a 401k plan fiduciary to take to prevent the camel from sticking his nose under the tent.

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DOL Releases New Investment Advice Rule: More (or Less?) Trouble for the 401k Fiduciary

The question now on the mind of every 401k fiduciary: Will the DOL’s new rule increase my personal fiduciary liability?

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Annuities the Next 401k SNAFU? Advisers Offer 6 Reasons Why

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.

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Is There a 401k Fee War Brewing?

Why wait until now to bring up the three-month old blog? The bigger question, however, remains, “How should a 401k fiduciary analyze mutual fund fees?”

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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.

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Readers Select Top Fiduciary Stories of 2009: #6 The Department of Labor’s Abrupt Shift on 401k Advice

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 “cookie-cutter” approach, doing the investor more harm than good?

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5 Reasons Why a 401k Plan Fiduciary Should Reconsider Using ETFs

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. Don’t be surprised if, like a tube of toothpaste, squeezing one problem away only creates a bulge in a different problem.

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