Since no individual 401k plan sponsors seem interested in testifying at a hearing about an issue intended to protect them, we’ve provided three possible outcomes from the DOL Fiduciary hearings and their implications for 401k plan sponsors.
Tag "DOL"
It really doesnât appear the SEC is serious about the fiduciary standard. It seems more interested in using it as a pawn in a looming partisan fight. Where does this leave the proponents of the fiduciary standard? What other alternatives do they have?
As the world waits for the SEC to declare their decision on the fiduciary standard, the media spits out its last thoughts before the regulator makes its announcement.
Did the DOL just upstage the SEC? Or merely raise the liability for the 401k fiduciary?
The major media tries to say something on the industry and falls flat. Meanwhile, the industry journalists write about things that matter, but only insiders read.
The question remains: Do the new DOL mutual fund reporting requirements merely add to the worries of 401k plan sponsors?
For a slow news week a surprising number of hard-hitting news articles.
“What is intended to help participants, may hurt them as their decisions are driven by confusion and data overload.”
The DOL’s new requirements offer some good and some bad news. The question is do the benefits of the good offset the dangers of the bad? Discover both in this article.
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 3/4/11
Whether you’re a plan sponsor of a defined contribution plan like a 401k or a defined benefit plan, this past week contained news you could use – or at least have on your radar.