FiduciaryNews

Basic Members

A New Way to Prepare Employees for Retirement Plays to 401k Plan Sponsors’ Strengths

    A New Way to Prepare Employees for Retirement Plays to 401k Plan Sponsors’ Strengths

If plan sponsors can train their employees to use these same tactics for their retirement, they’ll be more likely to practice those tactics at work. And that’s good for business.

0 comment Read Full Article

Exclusive Interview: Ric Edelman Says Reg BI “Unlikely to be Implemented”

    Exclusive Interview: Ric Edelman Says Reg BI “Unlikely to be Implemented”

“The SEC’s Regulation BI is terribly disappointing. It not only fails to protect consumers; it actually makes the situation worse… The confusion that will ensue will be very damaging to investors nationwide.”

0 comment Read Full Article

How Reg BI Changes the Fiduciary Landscape for the 401k Plan Sponsor

    How Reg BI Changes the Fiduciary Landscape for the 401k Plan Sponsor

Just as summer changes into fall, Reg BI will change the way all participants – investors, service providers, and 401k plan sponsors – interact with each other. These are the changes we might expect.

2 comments Read Full Article

The Hidden Danger of Over-Diversification: Why 401k Plan Sponsors Must Demand Fiduciary Advisers Teach Employees When Too Much is Too Much

    The Hidden Danger of Over-Diversification: Why 401k Plan Sponsors Must Demand Fiduciary Advisers Teach Employees When Too Much is Too Much

The bottom-line is employees may be setting themselves up not only for failure, but for a costly failure. This is why it’s vitally important for employees to understand more than just the simple objective and class of the mutual funds they own.

0 comment Read Full Article

Did Business Roundtable Just Break a Fiduciary Oath?

  Did Business Roundtable Just Break a Fiduciary Oath?

The prevailing consensus has been corporate executives work for their owners (i.e., shareholders). That all changed on August 19, 2019. What are the fiduciary implications?

1 comment Read Full Article

What Do Most 401k Plan Sponsors Use: a 3(38) or a 3(21) Adviser?

  What Do Most 401k Plan Sponsors Use: a 3(38) or a 3(21) Adviser?

If you think this evolution is amazing, just wait until you see what changes come about once the 401kMEP starts ramping up.

1 comment Read Full Article

How Many Small Business Owners Accidentally Trap Themselves with This Treacherous 401k Fiduciary Conflict?

  How Many Small Business Owners Accidentally Trap Themselves with This Treacherous 401k Fiduciary Conflict?

It may not immediately strike small business owners that they may not have complete control or access to their own retirement assets that sit within the company plan they sponsor. After reading this, they may have second thoughts about taking any unvetted actions.

1 comment Read Full Article

What’s the Difference Between 3(38) and 3(21) 401k Advisers?

  What’s the Difference Between 3(38) and 3(21) 401k Advisers?

Once 401k plan sponsors become aware of the differences between the types of service offerings, the ideal strategy is then to explicit solicit proposals for each type of offering to determine which kind of offering best serves their unique situation.

1 comment Read Full Article

This is How 401k Plan Sponsors Get Education Answers to These Three F-Words

  This is How 401k Plan Sponsors Get Education Answers to These Three F-Words

401k plan sponsors have a renewed focus on the three F-words of offering employee retirement benefits: Fiduciary, Fees, and Financial Wellness. Here’s how plan sponsors answer questions related to each of these three F-words.

1 comment Read Full Article

What Will Replace “Fiduciary”?

  What Will Replace “Fiduciary”?

Regulators (including the DOL) seem intent on splitting the baby in half by allowing two incompatible business models – one fiduciary with no self-dealing fees, the other non-fiduciary with conflict-of-interest fees – to coexist within the same market. Does this mean “fiduciary” has lost its inherent advantage?

1 comment Read Full Article

FiduciaryNews.com is sponsored by…

Vote in our Poll

Disclaimer

The materials at this web site are maintained for the sole purpose of providing general information about fiduciary law, tax accounting and investments and do not under any circumstances constitute legal, accounting or investment advice. You should not act or refrain from acting based on these materials without first obtaining the advice of an appropriate professional. Please carefully read the terms and conditions for using this site. This website contains links to third-party websites. We are not responsible for, and make no representations or endorsements with respect to, third-party websites, or with respect to any information, products or services that may be provided by or through such websites.