If companies using on-line retirement tools aren’t careful, they may just be allowing class action attorneys the opportunity to use the courts to further refine what it means to breach one’s fiduciary duty.
Tag "fiduciary"
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Compliance tug of war, John Oliver speaks, and a truce in the passive-active war.
Fiduciary suit, a fee Gotcha! and an indexing Oops!
Is it the end of the fiduciary era? Does fuzzy math hurt retirement savers? Does risk trump age?
“There is no upside for an employer doing everything perfectly with their retirement plan. The downside risk, however, can be huge. It’s a risk that just isn’t worth the employer taking.”
Compliance how-to, fiduciary confusion, and more investing common sense.
Absent any objective definition of ‘excessive’ and ‘reasonable,’ does the Conflict-of-Interest Rule have any real meaning, or is it merely another potentially lucrative cash-flow stream for class action attorneys courtesy of your friendly neighborhood government regulator?
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 7/29/16
Insane compliance, a whole new fiduciary world, and bad news for index funds