Risk capacity anchors 401k advice in hard data—income stability, net worth, liquidity, and retirement timeline. Unlike tolerance, which shifts with market moods, capacity reflects what participants can afford to lose, aligning with ERISA’s fiduciary duties.
Tag "Prudence"
Fiduciaries can no longer afford to treat cybersecurity as an IT department concern alone. In a world where digital breaches can wipe out savings, destroy trust, and invite costly lawsuits, cybersecurity has become inseparable from prudent plan management—and at least an implied fiduciary duty under ERISA.
A fiduciary sea change? Remember Fees? Investors and The Magician’s Trick.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 11/22/13
Fiduciary Fram, a Turkey Call and “Empty Carbs or Vital Protein”?