“Industry participants also argue that the rule transforms one-off transactions into fiduciary relationships in violation of the common law, but the common law of the states is divided on this, and there is a need for a federal standard regulating investment advice fiduciaries.”
Tag "defined benefit"
![Exclusive Interview: Jerry Schlichter Says 401k Plan Sponsors Should ‘Peel The Onion’ On Fees](https://fiduciarynews.com/wp-content/uploads/2024/06/Jerry-Schlichter-2024-660x395-2-505x306_c.jpg)
![5 Major Advantages 401k Plans Have Over Pension Plans](https://fiduciarynews.com/wp-content/uploads/2024/03/rose-colored-glasses-4759505_1920-660x395-1-505x306_c.png)
For all the rose-colored eyes that have a created a legend flawless certitude concerning memories of a time that never existed, pension plans simply can’t measure up to 401k plans.
![IBM’s New 401k Match Policy Isn’t What You Think](https://fiduciarynews.com/wp-content/uploads/2023/11/match-devin-avery-ZsgPd6ovNag-unsplash-scaled-505x306_c.jpg)
Eliminating the match and investing a large portion of retirement savings in bonds creates a risk. It may cause the retirement savings to go down in flames.
![Extreme 401k Makeover: Here’s Why DC Guaranteed Income Is A Pipedream](https://fiduciarynews.com/wp-content/uploads/2023/06/cake-slice-bruce-tang-fxodEwTvn_0-unsplash-660x395-1-scaled-505x306_c.jpg)
So what if a few very high net savers end up with bigger retirement plans? Good for them. The point is to make it easier for more people to save more.
![The 401k’s Past Is Not Its Future](https://fiduciarynews.com/wp-content/uploads/2023/01/401-k-money-sign-2230883-660x395-1-scaled-505x306_c.jpg)
The story arc of the 401k mimics that of software. Each release adds to and builds on features and benefits over and above those of previous releases.
![FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 11/16/18](https://fiduciarynews.com/wp-content/uploads/2018/11/1020805_25983300_Trending_Topics_2018.11.19_stock_xchng_royalty_free_660x395-505x306_c.jpg)
Two opposing forces, what does “fiduciary” really mean, and, speaking of conflicts-of-interest.
![Did the 401k Really Kill the Pension Plan?](https://fiduciarynews.com/wp-content/uploads/2017/09/signs-of-spring-1341080-660x395-505x306_c.jpg)
In this retirement plan version of the game “Who Killed Cock Robin?” we can identify three macroeconomic trends that slayed the pension plan, once the giant among all retirement plans. But, where does the 401k fit in?
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 11/30/18
Retirement policy retreads, fiduciary court headlines, and aligning required reporting requirements with investors’ behavior.