It is the world we inhabit right now. Your company is good for the world because you say so. And no one can legitimately argue with your feelings.
Tag "SEC"
This is an all too common problem,… Itâs important right now for 401k plan sponsors to urge their service providers to educate employees about it.
If a fiduciary must vote proxies, following the DOLâs guidance may represent the most practical alternative.
“Surveys show about half of investors donât know how much theyâre paying for advice, and about one in six think they pay nothing.”
Just as summer changes into fall, Reg BI will change the way all participants â investors, service providers, and 401k plan sponsors â interact with each other. These are the changes we might expect.
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?
Regulators (including the DOL) seem intent on splitting the baby in half by allowing two incompatible business models â one fiduciary with no self-dealing fees, the other non-fiduciary with conflict-of-interest fees â to coexist within the same market. Does this mean âfiduciaryâ has lost its inherent advantage?
Was “fiduciary” done in by over-saturation? Or was it the victim of a super successful negative campaign? Or is there something missing in our analysis?
SEC’s best interest, ERISA’s fiduciary, and through the floor on fees.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 6/14/19
SECURE, BI, and 3% fees!