Robin Solomon
How 401k Plan Sponsors Can Mitigate Fiduciary Liability Associated with Target Date Funds
There are two strategic paths to use when it comes reducing liability. One approach occurs after the fact – after the target date funds are already in place. The other approach takes place before the target date funds are even placed on the 401k plan menu. Which is more reliable?
5 Areas Where Target Date Funds Increase 401k Plan Sponsors’ Fiduciary Liability
When considering the potential – if not underestimated – liability associated with TDFs, perhaps it’s best to listen to the warning Cialdini provides regarding Social Proof: “It should never be trusted fully… we need to look up and around periodically whenever we are locked into the evidence of the crowd.”
How QDIAs Have Changed the Fiduciary Role of 401k Plan Sponsors
When retirement industry professionals talk about the impact of the 2006 Pension Protection Act, you might be surprised that this is what they conclude.
4 Specific Examples When “Socially Responsible” Investing Does Not Breach One’s Fiduciary Duty
So-called “socially responsible” investing is not automatically incompatible with abiding by one’s fiduciary duty, however, the cases where it is acceptable are narrowly defined.
5 Specific Examples when “Socially Responsible” Investing Crosses the Line and Breaches One’s Fiduciary Duty
The current environment abounds with many temptations that try to lure the unsuspecting fiduciary. Here are five very relevant examples.
When Does “Socially Responsible” Investing Violate Fiduciary Duty?
It goes without saying there are risks when one plays politics with other peoples’ money. The depths of the ensuing fiduciary liability will only be tested when the tort bar brings the matter to court. Until then, fiduciaries may wish to proceed with caution.
A Brave New World for 401k Plans Sponsors without Conflict-of-Interest Fees
Without conflict-of-interest fees like 12b-1 fees and revenue sharing, the world becomes a lot simpler for 401k plan sponsors and a lot safer for plan participants.
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