fiduciary
Yes, Separately Managed 401k Account Pose Risks to Plan Sponsors, But These Steps Can Reduce Their Fiduciary Liability
“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.”
Self-Dealing Ban Eliminates Greatest Fiduciary Conflict-of-Interest
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.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 2/9/18
Top-down retirement policy ideas, “What? I pay Fees?” and what we remember (and don’t) about market volatility
5 Most Important Financial Concepts a Fiduciary Must Teach
It’s in everyone’s best interest to be successful, so it’s part of a fiduciary’s duty to show them how.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 1/19/18
Government AWOL, Fiduciary Name Game continues, and should fees be determined by the marketplace or the courts?
Retirement Pros Reveal Their Own Best Interests When It Comes to Their Retirement Plans
Long-term investors like retirement savers can easily act like a fiduciary for their own assets. All they need to do is look in a mirror – but not for their own reflection. Look in a mirror a retirement professional is looking into and see how that reflection invests for retirement.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 1/5/18
Tax cuts and retirement, crossing the fiduciary streams, and the rise of the anti-indexers.
Will Record Breaking Market be the Anchor that Sinks 401k Savers?
With a GOT-based strategy, expectations are predicated on needs, not the happenstance of the market. GOT-based portfolios may not have the record-breaking excitement of market indices, but it’s slow-and-steady-wins-the-race philosophy may lead to a more comfortable retirement.
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The materials at this web site are maintained for the sole purpose of providing general information about fiduciary law, tax accounting and investments and do not under any circumstances constitute legal, accounting or investment advice. You should not act or refrain from acting based on these materials without first obtaining the advice of an appropriate professional. Please carefully read the terms and conditions for using this site. This website contains links to third-party websites. We are not responsible for, and make no representations or endorsements with respect to, third-party websites, or with respect to any information, products or services that may be provided by or through such websites.