By Christopher Carosa, CTFA | June 21, 2010
These three issues linger like a ticking time bomb. They’re out there. They’re going to go off at some point. We just don’t know when. Plan fiduciaries need to get ready for them.
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Posted in Education | Tagged 12b-1, 401k, Conflicts of Interest, Department of Labor, Education, ERISA, Fees, fiduciary, Fiduciary Solutions, Fiduciary Standard, Investment Advice Rule, Plan Diagnostic, SEC
By Christopher Carosa, CTFA | June 8, 2010
Where’s the best place for the 401k plan sponsor to go for free help on their fiduciary duties and responsibilities?
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Posted in Compliance | Tagged 401k, Compliance, Department of Labor, DOL, Education, ERISA, Fees, fiduciary, Fiduciary Solutions, responsibilities
By Christopher Carosa, CTFA | March 22, 2010
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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Posted in Education | Tagged 401k, Collective Investment Trust, Education, Fees, fiduciary, Investment Company Act, mutual fund, SEC
By Christopher Carosa, CTFA | November 19, 2009
The DOL admits, due to the number of variables involved, there’s no easy way to calculate the fees and expenses paid by your 401(k) plan. You might be surprised who the DOL suggests trying to find the answers to the following ten questions from.
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Posted in Fees | Tagged 12b-1, 401k, bundled, commission, company stock, Department of Labor, documentation, DOL, Education, Fees, fiduciary, insurance, investment option, liability, load, participant, reasonable fee, service provider
By Christopher Carosa, CTFA | October 15, 2009
Unless and until we can break the momentum of intertwined conflicts-of-interest, the greatest legacy we’ll leave our grandchildren’s children may be an outstanding bill to pay for spiraling public employee retirement benefits.
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Posted in Opinion | Tagged 401k, Calpers, Compliance, Conflicts of Interest, Due Diligence, Education, ERISA, Fees, mutual funds, New York State Pension, New York Times, Pay to Play, Public Employee Pension Plan, Wall Street Journal
By Christopher Carosa, CTFA | October 14, 2009
Diversification does not protect the investor when the entire asset class sinks. A recent study from Hewitt Associates suggests events may be placing plan fiduciaries in a historically precarious position.
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Posted in Due Diligence | Tagged 401k, 404(c), bonds, Due Diligence, Education, Hewitt Associates, investment performance, investment policy statement, IPS, liability, mutual funds, participants, Stocks, Wall Street Journal
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 4/5/13
By Christopher Carosa, CTFA | April 8, 2013
Do we need to re-educate policy makers on the concept of the Ponzi Scheme? IRA Rollovers – Good or Bad? Are Advisers charging too little?
Read the full story...Posted in Trending Topics | Tagged 401k, behavioral economics, Bond Index, court ruling, DOL, Education, fee, fiduciary, GOA, IRA, liability, pension, Ponzi Scheme, retirement, Rollover, ROTH 401k, SEC, Social Security, Stockton | Leave a response