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.
Posts From Christopher Carosa, CTFA
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.
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.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 2/03/23
Never-ending SECURE 2.0, fiduciary promises, and Every Stockpicker Groans.