12b-1
What a Fiduciary Should Know: Down and Dirty with “Clean” Shares
It will be important for 401k plan sponsors to get down and dirty when it comes to understanding the fiduciary liability implications of “clean” shares and their equivalent. Furthermore, since the most successful class action suits have involved different share classes of the same fund, you can be sure the introduction of “clean” shares will catch the eyes of your not-so-friendly neighborhood class action attorney.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 4/7/17
Bad Things, moving Fiduciary goal posts back, and fees that matter.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 3/24/17
Gov FUBAR, a new Fiduciary battlefield, and imagine a world without 12b-1 or revenue sharing fees…
Exclusive Interview with David Huntley and Joseph Valletta: Plan Sponsors Need Template to Identify Fees
“Benchmarking your plan’s fees is important step to carrying out your fiduciary responsibilities.”
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 11/11/16
Welcome to FiduciaryNews.com Trending Topics. Each Monday, we’ll give you a quick synopsis of the major news events and trends impacting ERISA plan sponsors, 401k fiduciaries and those in the business of supporting these fine folks. If you smile when you read these entertaining snippets, well, that’s the idea. If you think we’re missing something […] Read Full Article
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 7/29/16
Insane compliance, a whole new fiduciary world, and bad news for index funds
401k Fiduciary Alert: Regulators Targeting 12b-1 Fees, Is Revenue Sharing Far Behind?
You may not remember this, but several months ago the SEC penalized three AIG affiliates $7.5 million for charging $2 million in extra 12b-1 fees as a result of directing clients into these higher fee share classes when less expensive share classes were available (“SEC fines AIG advisors $9.5M,” CNBC, March 15, 2016). If you […] Read Full Article
Exclusive Interview with Michael Kitces: DOL Fiduciary Rule a “Pivotal Moment”
“The SEC systematically failed to enforce for the past two decades, and now the DOL has by necessity forced the issue.”
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