Compliance
How Do You Prep For The Coming IRA Rollover Fiduciary Rule?
In a nutshell, what was initially considered a “pick me because you like me” decision on the part of the prospect has been reframed as a “pick me because I sold you investments” decision. It’s a subtle distinction, but it drives the difference between a fiduciary act and a non-fiduciary act.
DOL Updates Fiduciary Rule Guidelines – What Changed?
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.
Fiduciary Fear And Loathing In The World Of ERISA
Thoughtleaders with the veteran experience to sift through the noise and separate the wheat of solid trends from the chaff of tiresome fads. Accurately discerning between the two can mean the difference between long-term sustainability and irretrievably sunk costs.
The 401k Fiduciary Dilemma: More Participation Or More Savings?
The mistaken promise of participation may have an all-too-familiar ring to corporate retirement plan veterans.
The 3 Most Critical Concerns of Small 401k Plan Sponsors
In the end, this all comes down to one final concern, and it’s one that is typically not even considered.
The DOL’s New Back To The Future “ESG” (a.k.a. “Fiduciary”) Rule
This has long been demanded of fiduciaries. Nearly two centuries ago in Harvard College v. Amory, the Massachusetts court promulgated what has become known as the “prudent man rule.”
What Trump vs. Biden Means to 401k Plan Sponsors and the Typical Plan Fiduciary
Before you start to panic, take a deep breath and relax. The retirement savings industry is an aircraft carrier. It can’t turn on a dime.
5 Big Overlooked Fiduciary Errors 401k Plan Sponsors Are Making Right Now
Sometimes when you try your best, you still miss something important. And that could be the most dangerous miss you make.
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