Professor Leeâs research exposes two myths that make it critical for 401k plan sponsors to fully vet all the relevant research as part of their standard due diligence process.
Tag "fee"
You won’t believe some of the articles that appeared this week – and supposedly high end publications!
While pension problems trump annuity ideas and the fiduciary fracas festers, along comes the DOL to remind us they’re still in this game.
These vast unknowns inherent with Target Date Funds have perhaps created a new fiduciary liability where none previously existed.
For 401k plan sponsors and fiduciaries, this seismic events delivered out of the nationâs Capital on July 15 signals the start of significant changes in the way they operate their plans.
Under the DOLâs proposed Investment Advice Rule, if a plan enters into a prohibited relationship with a vendor â or if an existing relationship now becomes prohibited â fiduciary liability rises. Can the 401k fiduciary afford to ignore these critical issues?
Are you breathing a sigh of relief? Commentators seem to have coalesced around several key benefits of this proposed Rule. Can you see these helping your plan’s participants?
Most interesting, though, may loom the warning of Justice Alito: When is comes to fiduciary duty, disclosure isnât enough. One wonders if the DOL is listening.
The question now on the mind of every 401k fiduciary: Will the DOLâs new rule increase my personal fiduciary liability?
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 10/29/10
If you give yourself some time to file an article you tend to be a little bit more thorough. Itâs kinda like why âthe fastest guns in the Westâ didnât survive too long â they didnât take the time to aim. This week’s news stories aimed well – and hit!