By Christopher Carosa, CTFA | February 21, 2012
Washington attacks 401k plans as states move to convert DB plans to DC plans, fiduciary advocates take off the gloves, annuities replace TDFs as favorite whipping boy and more.
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Posted in Commentary, Trending Topics | Tagged Annuity, Congress, cost of 401k, cutting pension, DB, disqualified person, DOL, fee, Fee Disclosure, fiduciary, Fiduciary Standard, financial literacy, freeze DB, IRA, pension, Presidential Budget, proxy voting, retirement, State Pension Conversion, target date fund, tax
By Christopher Carosa, CTFA | January 31, 2012
The adage you can’t serve two masters is as old as the Bible. So why are 401k plan sponsors making this mistake and why is the DOL allowing them to do so?
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Posted in Conflicts of Interest | Tagged 12b-1, best interests, directed broker, fee, Fiduciary Standard, liability, prohibited transaction, revenue sharing, Ron Rhoades, sole interests
By Christopher Carosa, CTFA | January 17, 2012
More bad news for Target Date Fund fans and fans of the Fiduciary Standard, but DOL stands firm on Fee Disclosure Rule timing.
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Posted in Trending Topics | Tagged 12b-1, 401k, 403b, Borzi, DOL, ERISA, fee, Fee Disclosure Rule, Fiduciary Rule, Fiduciary Standard, IRA, liability, pension, pension fund, SEC, SRO, target date fund, TDF
By Christopher Carosa, CTFA | January 3, 2012
The year closed with a lot of contemplation on the 2011 that was and the 2011 that was not, with a dash of hope for the 2012 to be.
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Posted in Trending Topics | Tagged 2011 Top Stories, 401k Investment Advice, ETF, fee, fiduciary, Fiduciary Standard, mutual fund
By Christopher Carosa, CTFA | December 20, 2011
Deloitte’s annual survey produces two shockers: One explains why annuities aren’t as popular as the press makes them out to be, the other, well…
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Posted in Compliance | Tagged 404(a), 408(b)(2), Annuity, behavioral, benchmarking, Deloitte, DOL, fee, Fiduciary Rule, GOT, governance, liability, recordkeeping, risk
By Christopher Carosa, CTFA | December 12, 2011
The downsizing of the Fiduciary Standard, an Orwellian porcine view of fees and yet another search for the Holy Investment Option Grail.
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Posted in Trending Topics | Tagged advice, Annuity, Bond, breach fiduciary duty, bundled providers, court ruling, enrollment, fee, Fee Disclosure Rule, Fiduciary Rule, Fiduciary Standard, index fund, investment choice, investment option, IRA, Mary Shapiro, match, Merrill Lynch, passive-active, SEC, settlement, target date fund, TDF, Walmart
By Christopher Carosa, CTFA | November 29, 2011
Worse, “all-in” might not be all it’s meant to be, possibly invalidating other results from the same survey. Here’s why.
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Posted in Conflicts of Interest | Tagged All-In, fee, Fee Disclosure Rule, ICI, ICI 2011 Fee Study, investment option, Pension Protection Act of 2006
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 2/17/12
By Christopher Carosa, CTFA | February 21, 2012
Washington attacks 401k plans as states move to convert DB plans to DC plans, fiduciary advocates take off the gloves, annuities replace TDFs as favorite whipping boy and more.
Read the full story...Posted in Commentary, Trending Topics | Tagged Annuity, Congress, cost of 401k, cutting pension, DB, disqualified person, DOL, fee, Fee Disclosure, fiduciary, Fiduciary Standard, financial literacy, freeze DB, IRA, pension, Presidential Budget, proxy voting, retirement, State Pension Conversion, target date fund, tax | Leave a response