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.
Why Small Balance 401(k) Distributions Are Falling Through the Cracks
According to the recently released 2016 Willis Towers Watson U.S. Retirement Governance Survey, a major trend in retirement planning…
SunTrust 401(k) Suit Gets Class Action Status
Participants in SunTrust Bank’s 401(k) plan got the okay to proceed as a class with their claims that the…
What 403(b) Plan Participants are Doing Right
They’re better than the rest of us in every way. Not only do non-profit organizations and their employees…
Are 401(k) 3(38) Services Worth the Price?
When analyzing different investment options, many 401(k) plan sponsors question if it makes sense to pay more for…
How to Select the Right Target Date Fund for a Client’s 401(k)
Target date funds have entered their third decade of existence, but what’s made these investment options even more…
Morningstar to Launch Broker-Dealer Focused 401(k)
“Offering a retirement plan has never been easier.” It raises the question—for whom? Morningstar said it will launch…
Morgan Stanley Accused of 401(k) ‘Self-Dealing’
Open architecture for clients—but what about employees? Morgan Stanley and its board were accused of mismanaging the firm’s…
Are 401(k) Advisors on Track With Fiduciary Rule Standards?
Peyton Manning can put it to a jingle. A recently-released survey from Nationwide finds the new Department of…
No. 1 Reason 401(k) Plan Sponsors Are Hiring Advisors
As if we needed more evidence of the fiduciary rule’s impact on the 401(k) industry, now comes word…
More 401(k) Participants Want a Match Than a Raise
A wake-up call for employers who still refuse to offer a 401(k) plan; American workers value their retirement plans…