By Christopher Carosa, CTFA | May 3, 2013
As bad a some industry players are, it’s always caveat emptor. Both plan sponsors, in their role as fiduciaries, and 401k investors must assume personal responsible and be accountable for their own retirement.
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Posted in Fees | Tagged 401k, Alicia Munnell, Alison Farrin, BrightScope, Dan Egan, David Rae, Daylian Cain, disclosure, Eleanor Singer, fee, fiduciary, Fiduciary Standard, Frontlne, hidden fee, Hilary Martin, index fund, Journal of Communication, Martin Smith, Mike Alfred, PBS, plan sponsor, Profit Sharing Corporation of America, PSCA, retirement, Ryan Knutson, Savings, The Retirement Gamble, Tim Wochok, Vanguard
By Christopher Carosa, CTFA | May 2, 2013
In choosing ratings points over debate points, Smith sacrificed the logic of the straight-forward for the pyrotechnics of a religious argument, and, in doing so, lost credibility with that portion of his audience that knew better.
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Posted in Fees | Tagged 401k, 401k Averages Book, Andrew Gracan, BrightScope, Dallas Salisbury, David Huntley, David Rae, Demos, disclosure, EBRI, Elliot Orsillo, Employee Benefit Research Institute, expense ratio, fee, fiduciary, Fiduciary Standard, Frontlne, hidden fee, index fund, John Bogle, Joseph Valleta, Martin Smith, Mike Alfred, nevin adams, PBS, plan sponsor, retirement, Robert Hiltonsmith, Roger Wohlner, Ryan Knutson, Savings, Teresa Ghilarducci, The Retirement Gamble, Tim Wochok, Vanguard
By Christopher Carosa, CTFA | May 1, 2013
In that drive for ratings points, producers often – willingly or unwillingly – must make a pact with the devil.
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Posted in Fees | Tagged 401k, bundled providers, conflict of interest, expense ratio, fee, fiduciary, Fiduciary Rule, Fiduciary Standard, Frontlne, hidden fee, Hilary Martin, Holmes Osborne, Martin Smith, MEP, Multiple Employer Plans, PBS, Phyllis Borzi, plan sponsor, Roger Wohlner, Ryan Knutson, suitability standard, The Retirement Gamble, Tim Wochok, Vanguard
By Christopher Carosa, CTFA | April 30, 2013
If they only stayed on the straight and narrow path, they would have proved their point.
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Posted in Fees | Tagged 401k, Craig Morningstar, David Rae, Elliot Orsillo, expense ratio, fee, fiduciary, Fiduciary Standard, Frontlne, hidden fee, Hilary Martin, John Bogle, Martin Smith, Neda Jafazadeh, PBS, plan sponsor, Roger Wohlner, Ryan Knutson, The Retirement Gamble, Thomas Balcom, Vanguard
By Christopher Carosa, CTFA | April 29, 2013
PBS’ Frontline Retirement Gamble fallout, falling fees, and soon to be falling bonds prices.
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Posted in Trending Topics | Tagged 401k, Bond, court ruling, ERISA, fee, fiduciary, Fiduciary Duty, Fiduciary Standard, Frontline, IRA, mutual fund, PBS, pension, retirement, Retirement Cap, Retirement Gamble, self-dealing
By Christopher Carosa, CTFA | April 2, 2013
If maintaining fiduciary due diligence were easy, they wouldn’t publish a list like this.
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Posted in Compliance | Tagged 401k, DOL, fee, Fidelity Bond, fiduciary, Fiduciary Duty, fiduciary liabilty, prohibited transaction, service provider
By Christopher Carosa, CTFA | February 4, 2013
Borzi’s rise, crying brokers & the coming Fiduciary battle
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Posted in Trending Topics | Tagged 12b-1, 401k, 401k loan, ASPPA, Borzi, commission, DOL, ERISA, ESOP, fee, Fiduciary Standard, FSI, Gen X, Gen Y, IOSCO Report, IRA, MEP, Morningstar, pension, retirement, ROTH 401k, SEC, SRO
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 5/3/13
By Christopher Carosa, CTFA | May 6, 2013
A rising market leads to sunshine, happiness and the comforting feeling that everything will be all right. Read this if you’re not fooled into complacency.
Read the full story...Posted in Trending Topics | Tagged 401k, Alan Reid, behavioral economics, benchmarking, DOL, fee, fiduciary, Fiduciary Rule, Frontline, Harry Markowitz, indexing, IRA, Jay Leno, Martin Smith, MPT, pension, Phyllis Borzi, retirement, tax, William Sharpe | Leave a response