Neal Shikes is Managing Partner and Founder of Prudenza LLC (The Trusted Fiduciary, based in New York City), which provides employer-sponsored retirement plan and fiduciary consulting and MJN Fiduciary LLC which is an investment adviser firm.
Reg BI and DOL Fiduciary Rule: Harmonizing Two Rules that Fulfill Lower Standards
Trust law is instructional to ERISA, and the Uniform Prudent Investment Act offers a definition of prudence. Both…