Herein lies the potential for a direct conflict of interest. This applies generally to all proxy voting in commingled portfolios.
Tag "SEC"
![The American Airlines ESG Fiduciary Case Exposed The Problem With Mandated Proxy Voting (And More)](https://fiduciarynews.com/wp-content/uploads/2024/03/scam-pexels-mikhail-nilov-6964369-scaled-505x306_c.jpg)
![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?
![What 401k Plan Sponsors Should Do About ‘Lost’ Participants](https://fiduciarynews.com/wp-content/uploads/2023/08/business-people-looking-at-empty-chair-2317975-660x395-1-scaled-505x306_c.jpg)
The DOL’s guidance on missing plan participants appears just as effective as its week 2012 Mutual Fund Fee Disclosure Rule. Yes, it’s there, but it has no viability. Still, that doesn’t mean 401k plan sponsors can ignore the issue, even if they have not lost participants.
![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.
![Have The DOL’s Fiduciary Efforts Made Things Worse?](https://fiduciarynews.com/wp-content/uploads/2023/01/Too-Many-Chefs-tr-ng-trung-c-p-kinh-t-du-l-ch-thanh-ph-h-chi-minh-cet-GF_XTjtTSgc-unsplash-660x395-1-scaled-505x306_c.jpg)
Let’s not just blame certification providers. Government agencies responsible for monitoring and enforcement are also responsible for market confusion and the dilution of the “fiduciary” standard.
![Exclusive Interview: Harold Evensky: Reg BI ‘Makes Absolutely No Sense’](https://fiduciarynews.com/wp-content/uploads/2022/08/Harold-Evensky-Crystal-Picture-High-Resolution-660x395-1-505x306_c.jpg)
“I was [once] a major skeptic of the use of annuities, I have subsequently changed my mind regarding the efficacy of low-cost fixed and variable annuities in both personal and retirement accounts.”
![5 Key Due Diligence Differences Between Analyzing CIT Risks And Analyzing Mutual Fund Risks Every 401k Fiduciary Must Know](https://fiduciarynews.com/wp-content/uploads/2022/03/keys-1-1475629-660x395-1-505x306_c.jpg)
Today, in reading some of the headlines, you’d think they’re greater than sliced bread. They may be. They may not be. Still, there are differences, and 401k plans sponsors would benefit from practicing the utmost in due diligence when determining if CITs are the right fit for their plan.
![Exclusive Interview: Ron Surz Opines on the ‘Big 3’ and ‘The Next 401k Scandal’](https://fiduciarynews.com/wp-content/uploads/2021/07/Ron_Surz_2019_big-660x395-1-505x306_c.jpg)
Why are there two kinds of Target Date Funds and why does that doom this particular group of people saving for retirement in their company’s 401k plan?
These Classic Movies (Unknowingly?) Promote The Fiduciary Standard
It seems like each decade produces a major box office hit that exudes fiduciary. This whole “best interest” thing seems to have caught on in Tinseltown. More recent movies have added a good dose of the “honesty” part of fiduciary.