Browsing Tag
401(k) Fiduciary Responsibilities
97 posts
401(k) fiduciary responsibilities are the legal obligations of those who manage a retirement plan to act solely in the best interest of participants. This includes selecting and monitoring plan investments, ensuring fees are reasonable, following plan documents, and complying with ERISA standards. Fiduciaries must act with care, loyalty, and prudence, avoiding conflicts of interest.
Step No. 3 of the Fiduciary Process: Implementing the Investment Strategy
With an investment strategy in place to meet the goals of the client/beneficiary, the third step of the…
Experts to Tackle Reg Ridiculousness in 401(k) Space: New England Wealth & Retirement Conference
Does anybody want to sound off on what’s happening in Washington? The fiduciary rule, litigation, contribution limit cuts? Anybody at all?
T. Rowe, Mesirow Make Big 401k Fiduciary Announcement
The “3s”—meaning 16, 21 and 38—are all the rage at the moment, and for good reason. Fiduciary regulation…
Don’t Get Burned: Marcia Wagner’s Top 401k Regulatory Risks
401k Tax Status Legislators and policymakers know the amount of tax revenue forgone from 401k plans is extremely…
DOL Answers 401(k) Questions with Fiduciary FAQ
The Department of Labor has released a second set of frequently asked questions (FAQ) regarding its Conflict of…
Massachusetts Advisors Fail 401(k) Fiduciary Test
401(k) fiduciary rule leaves many Massachusetts advisors uncertain about business impact and obligations to retirement investors.
Bank Giant Enters 401k 3(38), 3(21) Fiduciary Fray
Get used to hearing about three numbers—3(38), 3(21) and 3(16)—and the need to outsource 401(k) fiduciary responsibility. Investment giant PNC…
Why State-Sponsored 401(k)s Don’t Stack Up
America’s retirement crisis has been exacerbated in no small part by the erosion of the country’s savings culture. It’s…
CEO Under Fire for 401(k) Salary Deferral Mismanagement
A lesson in trust and the timely remittance of deferrals. The CEO of a nonprofit mental-health agency in Ohio…
3 New Methods for Correcting 401(k) Elective Deferral Failures
Industry research increasingly points to the positive benefits of both 401(k) automatic enrollment and automatic escalation features in…