If you’re a fiduciary of the acquiring plan, you want to make sure you’re not burdened with any unknown liabilities. If you’re a fiduciary of the acquired plan, you want to make sure the merger process doesn’t introduce new liabilities.
Posts From Christopher Carosa, CTFA
Carrots & sticks, from Capone’s Vault, and attacking Sacred Cows.
What would it take to realize the fiduciary liability of overtly using “risk tolerance” metrics? And what can 401k plan sponsors do about it?
Dumb and Dumber, Liar, Liar, and The Eternal Sunshine of the Spotless Mind.
The conflicts-of-interest inherent in selecting proprietary funds are apparent. Less so are the criteria used to determine what a suitable process might be.
A new fret, a new twist, and a new “D’Oh!”
Beyond the usual gestation period, here are some specific “trigger points” which plan sponsors have reacted to that have accelerated their decision to move into a PEP?
They’re coming for you (two parts), the Fiduciary Rule begins to have an impact, and everybody’s talking about investing.
But that idea contained a flaw. In the early years, limited choices made it easy for employees. The proliferation of the number of options in later years, however, exposed the lack of sophistication within the employee cohort. That can lead to bad decision-making. Alternative solutions were needed.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 2/11/22
Courts for, against courts, and market reality.