Browsing Tag
Fiduciary
615 posts
Being a fiduciary means acting on behalf of another person or entity and having a legal and ethical obligation to put their interests above your own. Essentially, a fiduciary is entrusted with the responsibility to make decisions and manage assets in a way that benefits their client, not themselves. This relationship is built on trust and confidence, requiring the fiduciary to act with utmost good faith, care, and loyalty.
July Top Advisor by Participant Outcomes (TAPO)—Grant Arends
GRANT ARENDS WAS refreshingly blunt when revealing the super-simple secret to high participant utilization for worksite financial planning.…
A VERY Scary Case of 401(k) Participant Theft
They added a bank account belonging to another individual without the victim’s knowledge or authorization
State-Run IRAs Are Similar, and Suboptimal: Opinion
The state-sponsored CalSavers completes its implementation process this week when all employers of five or more employees must comply.
Advisors Unprepared for New 401(k) Rollover Rules
'A rollover recommendation has to be disclosed as a conflict of interest,' says ERISA expert Fred Reish
Record Growth for RIA Firms, Report Confirms
IAA, NRS “Investment Adviser Industry Snapshot 2022” shows record highs in firms, aggregate assets they manage, and clients
ESG Out! Sustainable Funds Lose Assets in May
'Not a huge surprise to see some redemptions, says Morningstar's Ptak
Senate Version of SECURE 2.0 Set to Move Forward
This bill would increase the RMD age to 75
More Problems with Lifetime Income Disclosures
Lifetime income disclosures can confuse plan participants. Learn how estimates change and why clarity matters for retirement planning.
Reg BI Retiree Violation: SEC Charges Firm
The agency says registered reps sold ‘$13.3 million worth of high-risk bonds to retirees and other retail investors’
Bipartisan ‘Starter-K’ Retirement Bill Introduced in the House
The bill directs the Department of Labor to provide simplified reporting for the plans