An IPS must be thoroughly documented and clearly written and understood by all interested parties. Here’s what to include.
Posts From Christopher Carosa, CTFA
401k plan sponsors can’t afford to fall victim to the lure of heuristics. Index funds can generate just as much fiduciary headaches as actively managed funds.
Retirement SECURE Act repercussions, Mass. fiduciary mess, and falling fee dominoes.
He also reveals the greatest misconception regarding MEPs, what the SECURE Act really did, and when we might begin to see the mass media start paying attention.
SECURE IRA Fallout, the unexpected fiduciary, and investor behavior.
Since the plan sponsor tends to rely on third party service providers (usually the recordkeeper) to maintain and operate these web-based gateways, this should be a significant factor when deciding which vendor to select.
Future compliance, waiting for son of fiduciary Godot, and the Fund Trading & Investing Progress,
The Investment Policy Statement is a legal plan document. It needs to be treated accordingly. This means to deliberate it with diligence before adopting it. Even when it is adopted, it must be regularly inspected and revised as needed.
Feeling SECURE, fiduciary talk, and thar’s trouble in them thar markets.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 2/28/20
The SECURE panacea, fiduciary critical mass, and failing to learn from past mistakes.