Browsing Tag
Fiduciary
613 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.
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
Powerful Congressman Wants 401(k) Crypto Answers
'This is an extremely troubling precedent...'
How to Avoid Self-Defeating Financial Wellness ‘Solutions’
Consider implementing a financial intervention as necessary for every new hire
‘Crypto Winter’ Tests 401(k) Plan Participants’ Faith
Several challenges hit bitcoin that explain the bulk of the current bear market