For all the good intentions, however, what will happen when the rubber finally meets the road? Will the new DOL Fiduciary Rule really level the playing field?
Tag "Ron Surz"
![401k Plan Sponsors Must Be Wary Of Fiduciary Liability Associated With Bitcoin ETFs](https://fiduciarynews.com/wp-content/uploads/2024/01/bitcoin-4205661-Image-by-PIRO-from-Pixabay-660x395-1-505x306_c.jpg)
Plan sponsors need to think about it in these terms: Does it make sense to have a pork-belly ETF on a 401k investment menu? How about orange futures?
![Retirement Pros Sound Off On DOL’s New Fiduciary Rule](https://fiduciarynews.com/wp-content/uploads/2023/11/Department-of-Labor-Frances_Perkins_Building-AgnosticPreachersKid-CC-BY-SA-3.0-via-Wikimedia-Commons-scaled-505x306_c.jpg)
This broader definition of fiduciary may impose a potential hardship on a segment of the retirement industry that has been trying hard to gain a foothold in plan infrastructure.
![Ideas From ‘Beyond Fiduciary’ Hint At The Future Of 401k](https://fiduciarynews.com/wp-content/uploads/2023/08/horizon-1458419-660x395-1-505x306_c.jpg)
The antiseptic compliance regime spelled out by the DOL and ERISA has to date defined fiduciary services. Perhaps, if we’re going to consider what is “beyond” that sterile definition, we might want to go back to the future. In a sense, rediscovering where “fiduciary” initially came from might suggest where it is headed.
![Why Is ‘Fiduciary’ Losing Its Luster?](https://fiduciarynews.com/wp-content/uploads/2023/07/renaissance-fair-1-1310411-660x395-1-505x306_c.jpg)
Back then, at least, we knew who wore the white hats and who whore the black hats. Today, thanks to muddled and often conflicting regulations for multiple agencies, everyone is wearing fifty shades of gray.
![Extreme 401k Makeover: Here’s Why DC Guaranteed Income Is A Pipedream](https://fiduciarynews.com/wp-content/uploads/2023/06/cake-slice-bruce-tang-fxodEwTvn_0-unsplash-660x395-1-scaled-505x306_c.jpg)
So what if a few very high net savers end up with bigger retirement plans? Good for them. The point is to make it easier for more people to save more.
![Is ESG Investing A Problem For Fiduciary Duty?](https://fiduciarynews.com/wp-content/uploads/2023/03/Earth-First-photo-boards-D0xQQsZovws-unsplash-660x395-1-scaled-505x306_c.jpg)
The Biden Rule, like the Trump Rule, does not encourage or discourage the use of ESG criteria when selecting investments. This allows fiduciaries to either adopt ESG principles or ignore them.
![These Least Critical 401k Fiduciary Duties Might Surprise You](https://fiduciarynews.com/wp-content/uploads/2023/02/joshua-j-cotten-8T3PgiEXsCg-unsplash-660x395-1-scaled-505x306_c.jpg)
By far, there’s almost universal agreement that 401k fiduciaries should be less concerned about investment performance than you might have seen a generation ago. Why is this so?
![401k Experts Believe These Are The Most Critical Fiduciary Priorities](https://fiduciarynews.com/wp-content/uploads/2023/02/ch_pski-bylXfUFJylU-unsplash-660x395-1-scaled-505x306_c.jpg)
Not only do you need to watch the place that holds all the money, you need to watch the pipeline that feeds the money there.
I 💖 Fiduciary
All kidding aside, Valentine’s Day is more than cards, candy, and Cupid. It’s about renewing a vow to treat each other with the highest fiduciary standard.