While everyone’s talking about the potential impact the DOL’s proposed new Fiduciary Rule will have on IRAs and the brokerage industry, the greater impact may be on recordkeepers within the 401k industry.
Tag "3(21)"
“Price (fees) are a component of value. There are many other components that make up value and the relative weight will vary from plan to plan.”
The three standard flavors of ERISA fiduciary plus one special bonus.
Exclusive Interview: Jerry Schlichter Reveals 3 Ways 401k Plan Sponsors Can Avoid a Fiduciary Breach
“If diversification of products in the annuity is limited, the product may result in a fiduciary breach because…”
“Advisors who don’t assume a 3(38) or 3(21) fiduciary position are unlikely to have an investment role.”
Exclusive Interview with Fred Reish: 401k Plan Sponsors Who Fail to Properly Evaluate Fees “at Risk”
“High” fees are not necessarily “bad” fees, and plan sponsors who don’t know why this is so may be in for some trouble.
The result of a new J.D. Power & Associates survey poses a double jeopardy for 401k plan sponsors. In the end, though, there’s only one correct answer to the question.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 1/15/16
The State in Flux, “Fiduciary” as product, and 12b-1 redux.