Unlike previous definitions, this version takes a definitive step towards allowing plan sponsors to forgo traditional financial measures. Rather than relying on extensive academic studies, this new Rule represents a certain leap of faith.
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![Are Fiduciary Risks Worth Putting Commodities In Retirement Plans?](https://fiduciarynews.com/wp-content/uploads/2022/03/gold-1422084-660x395-1-505x306_c.jpg)
There’s not a sin in listening to radio shows sponsored by those selling gold and silver. It’s quite another thing to actually act on their “recommendation.”
![What’s Better Than a 401k for Solopreneurs?](https://fiduciarynews.com/wp-content/uploads/2021/06/laptop-1240909-660x395-1-505x306_c.jpg)
Just because you don’t have a fiduciary duty to other employees doesn’t mean you shouldn’t continue to think like a fiduciary.
![How 401k Plan Sponsor Fiduciary Liability Changes When Retaining Retiree Assets](https://fiduciarynews.com/wp-content/uploads/2021/05/1402397_17502231_design_stock_xchng_royalty_free-505x306_c.jpg)
Once a person enters retirement, the number of scenarios proliferate. Unless the plan sponsor is a financial professional, it’s going to be a challenge to quickly comprehend all these options.
![How Can 401k Plan Sponsors Best Prepare Employees For Post-Retirement Complexity?](https://fiduciarynews.com/wp-content/uploads/2021/05/80376_7946_a_Mazing_game_royalty_free_stock_xchng-660x395-1-505x306_c.jpg)
This isn’t to say younger employees should be left out of this type of education altogether. They shouldn’t. It’s important the message is drip, drip, dripped from the beginning of the onboarding sequence.
![Here’s Why A Good Fiduciary Is Not Always 100% Invested In Equities](https://fiduciarynews.com/wp-content/uploads/2021/05/Siren-660x395-1-505x306_c.jpg)
While some may consider this heresy, the best option for a fiduciary managing a portfolio is to include a consistent percentage of assets outside the equity markets and in assets that preserve capital.
![7 Fiduciary Duties 401k Plan Sponsors Overlook And What They Can Do To Address Them](https://fiduciarynews.com/wp-content/uploads/2021/04/forget-660x395-1-505x306_c.jpg)
Familiarity may breed contempt, but it also makes you sloppy. Do you know plan sponsors that have forgotten they need to address these matters?
![DOL Updates Fiduciary Rule Guidelines – What Changed?](https://fiduciarynews.com/wp-content/uploads/2021/04/book-1241280-660x395-1-505x306_c.jpg)
Although the Rule appears to be directed primarily at service providers, plan sponsors still have a fiduciary duty to monitor plan compliance, and that includes complying with the demands of this new rule.
![What Fiduciaries Learned About 401k Retirement Saving Over These Last 12 Months](https://fiduciarynews.com/wp-content/uploads/2021/03/blackboard-in-the-classroom-2-1307448-660x395-1-505x306_c.jpg)
Because things happened so fast, everyday folks could see in real time how long-term financial systems unfold. In the end, this may have been the greatest lesson of all, and it came courtesy of living in the real-world economic laboratory that was 2020.
![Why The 401k Fiduciary Can No Longer Remain Apathetic Concerning PEPs](https://fiduciarynews.com/wp-content/uploads/2021/02/augrabies-water-fall-2-1398355-660x395-1-505x306_c.jpg)
You might think you can ignore PEPs. And you might be in for a surprise.