Plan sponsors shouldn’t let these three common fee foibles expose them to unnecessary fiduciary liability.
Posts From Christopher Carosa, CTFA
“As more employees find their 401k accounts growing to more than one million dollars, there will be a greater desire for employees to gain greater control over their own future. Plan sponsors should become more aware of the consequences of providing these kinds of options and how best to mitigate the liability risk associated with them.”
Cornucopia of thoughts, the fiduciary fight continues, and on the investment edge.
If you’re a fiduciary and you haven’t ask this question, you might want to read this before you make your next decision.
Fiduciary c’mon man, fee disclosure flop, and back to the old investment game.
For 8 years as Assistant Secretary of EBSA, Phyllis Borzi fought vigorously to protect plan sponsors and retirement savers under the uniform fiduciary umbrella. Here, she answers questions about the past, present and future of the Fiduciary Rule.
Policy incentives, fiduciary confusion, and the fee disclosure shell game.
Are LPOAs enough to end the confusion? Maybe not. But they do provide the legal basis for which one can substantiate the reality of a fiduciary relationship.
Fiduciary Scorecard: SEC down and DOL out; 12b-1 matters; and TDFs might not (in the way you think they do)
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 6/1/18
Pension madness, closing the barn door after the fees have already escaped, and falling down the investment rabbit hole.