Here’s an inside look at what’s been making all those headlines the last few years, and maybe what might be making headlines in the next few years.
Tag "litigation"
Comments on the fiduciary standard, reducing liability, and what his clients are asking.
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?
The Supreme Court will raise the visibility of the fee structure within the investments of nearly half of all 401k plan assets. Just because the powers that be say it’s so, doesn’t necessary mean your average fiduciary can rely on the decree. Indeed, the Supreme Court of the United States appears poised rule in favor of mutual fund shareholders, yet, at the same time, mislead both 401k investors and fiduciaries.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 3/17/17
Evolving Retirement Savings vehicles, Beware the Fiduciary Paper Tiger, and The Magician’s (Fee) Secret.