Plan sponsors shouldn’t let these three common fee foibles expose them to unnecessary fiduciary liability.
Tag "12b-1"
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.
States muscle in on Fiduciary Rule, SEC (finally) goes after 12b-1 fees, and lessons from the correction.
It will be important for 401k plan sponsors to get down and dirty when it comes to understanding the fiduciary liability implications of “clean” shares and their equivalent. Furthermore, since the most successful class action suits have involved different share classes of the same fund, you can be sure the introduction of “clean” shares will catch the eyes of your not-so-friendly neighborhood class action attorney.
Bad Things, moving Fiduciary goal posts back, and fees that matter.
Gov FUBAR, a new Fiduciary battlefield, and imagine a world without 12b-1 or revenue sharing fees…
“Benchmarking your plan’s fees is important step to carrying out your fiduciary responsibilities.”
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Welcome to FiduciaryNews.com Trending Topics. Each Monday, we’ll give you a quick synopsis of the major news events and trends
Insane compliance, a whole new fiduciary world, and bad news for index funds
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 5/4/18
Fiduciary Scorecard: SEC down and DOL out; 12b-1 matters; and TDFs might not (in the way you think they do)