Let’s take some time off this week to reflect why we’re thankful for the 401k.
Posts From Christopher Carosa, CTFA
Regulator clarity, a lot of movement, and the upside of high rates.
Between the IRA Rollover matter and the redefinition of “regular services,” there is no shortage of ways to chip away at the new Rule. What might be one way we can expect to see the industry attack the Rule in front of a judge?
Social Security, the new Fiduciary Rule, and ignoring the elephant in Groucho’s pajamas.
This broader definition of fiduciary may impose a potential hardship on a segment of the retirement industry that has been trying hard to gain a foothold in plan infrastructure.
All about the DOL’s new Fiduciary Rule.
In the spirit of the season, one might even think of this as “tricking” employees to save. Plans sponsors are already using these tricks.
More IRA troubles, anticipation, and the State of the State.
The DOL seems to use the same metric that it earlier employed in its statement on the Fiduciary Rule. Still, the Advisory Opinion is very precise in what it allows. Citi will have to tread carefully to not cross the line into the realm of fiduciary.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 11/24/23
Compliance up is down, only the beginning of the Fiduciary Rule, and Ch-Ch-Ch-Changes.