There’s a perverse incentive working here, however. The more aggressive a plan sponsor gets in terms of promoting “financial wellness,” the more likely that plan sponsor will accidentally cross some compliance line.
Posts From Christopher Carosa, CTFA
Bad Apples, 12b-1s, and messy Massachusetts.
Even if ERISA does not cover the Thrift Savings Plan, it’s worth noting the exercise of this discussion may be worthwhile to those actually do bear ERISA fiduciary responsibility.
Government treats, tricky fees, and the lost (investing) generation.
Today, in reading some of the headlines, you’d think they’re greater than sliced bread. They may be. They may not be. Still, there are differences, and 401k plans sponsors would benefit from practicing the utmost in due diligence when determining if CITs are the right fit for their plan.
RMDS, retirement age & scams, new reasons for fiduciaries to worry, and predicting bad predictions.
If the numbers don’t add up for annuities (or anything else, for that matter), where is the demand for these products coming from?
DOL on a roll, back to the fiduciary egg, and why the sudden interest in fees?
There’s not a sin in listening to radio shows sponsored by those selling gold and silver. It’s quite another thing to actually act on their “recommendation.”
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 4/8/22
RMD mania, “Say it ain’t so, Joe,” and “”Nobody goes there anymore…”