Not only do you need to watch the place that holds all the money, you need to watch the pipeline that feeds the money there.
Posts From Christopher Carosa, CTFA
Risks, retirement, and retiring.
If a fiduciary feels carrying out legal duties entails a high cost, there is an acceptable strategy for dealing with this, but the fiduciary must execute it before the client signs the contract.
Never-ending SECURE 2.0, fiduciary promises, and Every Stockpicker Groans.
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.
The Compliance Avalanche, dead horses coming back to life, and terms you should know better than.
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.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 2/17/23
Crypto crypt keepers, IRA fiduciary mess, and investment basics