Here are three easy practices a 401k plan fiduciary can implement to avoid one of the common investing mistakes identified by researchers in the field of behavioral finance.
Posts From Christopher Carosa, CTFA
A week with compliance news coming in from all sides. What issue will have the greatest impact?
First the bad news: The client isn’t always right. Now the worse news: If you listen to the client you’ve just bitten off a chunk of fiduciary liability. How did you get in this mess in the first place?
How a simple pub game destroyed the nearly two generations-old foundation that built a Nobel-Prize winning investment theory.
Read the fallout from the mass market media op-eds that take opposite sides in the fiduciary standard debate while both taking flack from just one side – those in favor of the fiduciary standard.
To best understand what is wrong with the misuse of investment “risk tolerance,” we need to understand these components of risk.
To really understand investment risk, we must first discover how risk management first evolved.
With Congress in recess, the anti-fiduciary lobbyists have moved to major media outlets. Meanwhile, we’re continually discovering government regulation too often produces Rube Goldberg fiascos like target-date funds.
Both sides of the fiduciary debate suggest their view reduces retirement investor costs. They can’t both be right. Luckily, the marketplace offers a real testing ground, leaving only one question: Who does the DOL protect – the industry or the investor?
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 9/2/11
As the fight shift from adopting a fiduciary standard to redefining “fiduciary,” we learn the fee-counters might be counting the chickens before they’re hatched.