“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.”
Basic Members
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)
The definition of “conflict-of-interest” has become so broadly defined as to render it useless. It’s better to focus on the one conflict-of-interest that, with very limited exceptions, fiduciaries have had to outright ban for centuries. Ironically, in contrast to this precedent, it remains the one conflict-of-interest the DOL expressly permits.
Lotta regulator noise, fiduciary fallout, and DOL comes clean on “social” investing.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 5/25/18
Cornucopia of thoughts, the fiduciary fight continues, and on the investment edge.