While one might ask why it took this product 50 years to become popular, a better question might be why had the product failed to spark much interest during those decades.
Tag "fiduciary"
These vast unknowns inherent with Target Date Funds have perhaps created a new fiduciary liability where none previously existed.
“I selected the Target Date Funds to reduce my fiduciary liability. Are you telling me this actually raises my fiduciary liability?” The panel merely looked at each other and laughed.
What happened while you were taking Labor Day week off – whether to see the beach or to catch up on your busy workload?
From the Edsel of the mutual fund industry to the “do they really expect us to believe this” of the Fiduciary Standard war to a series of decisions in fiduciary lawsuits, discover the past weeks trending topics.
The current economic setting only heightens fiduciary liability. Last year, the DOL logged more than 4.5 corrected violations per business day. With aggressive litigators using technology to sniff out these violators and others, what’s a 401k plan sponsor to do?
Fiduciary News interviews an industry spokesman, who, on the condition of anonymity, shares a shocking point in the SEC 12b-1 proposal that has, to date, failed to receive the media coverage one might expect.
As industry players take predictable sides, will 401k plan sponsors benefit from seeing how the sausage is made?
A handful of web-sites have sprung up offering useful information geared specifically to 401k plan sponsors and fiduciaries. These 10 past our test as the best.
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Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 9/17/10
Find out what big PR push a certain sector of the financial industry started this week. Here’s a hint: You can thank Washington.