Let’s not just blame certification providers. Government agencies responsible for monitoring and enforcement are also responsible for market confusion and the dilution of the “fiduciary” standard.
Posts From Christopher Carosa, CTFA
Pension questions, annuity fiduciary liability questions, and the return of fee questions in the most unlikely of places.
Documentation, due diligence, and other formal compliance matters are critical to reducing the fiduciary liability of 401k plan sponsors. But ultimately, they are responsible for safeguarding the assets of plan participants.
A helping hand, rewarding honesty, and the emperor has no clothes.
It might suit 401k plan sponsors and fiduciaries to tell this story of the generations to help the next generation avoid the mistakes of past generations. This tale provides many good tips about the dangers of investing in extremes, be they too conservative or too aggressive.
Social In-SECURE-ity, the anti-fiduciary. and the never-ending investment cycle.
We asked retirement advisors from across the country whether they felt SECURE 2.0 had been over-hyped or represented a game changer. Here’s what they said on a few key issues.
More SECURE 2.0, a new look at fiduciary, and too late to make investment changes.
We take a different approach by looking not too far back in the past. This avoids the “getting lost in the sauce of history” problem so many retrospectives have. It’s the opposite of the “recency” problem, where we place too much emphasis on that which lies closest to our memories. Often, instead, we’ll give more than proper weight to happenings in a distance that is rapidly losing relevance.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 1/27/23
The Compliance Avalanche, dead horses coming back to life, and terms you should know better than.