Browsing Tag
Fiduciary
618 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.
Taking a Google Maps Approach to Professional Development
Don Trone explains how AI provides information; Interactive MindMaps provide knowledge that can be instrumental in critical training for fiduciaries
$61 Million Settlement Finalized in GE ERISA Case
Final approval announced today marks largest settlement ever in an ERISA case alleging a retirement plan improperly offered proprietary funds
Benchmark Survey on Recordkeeping Fees for Large DC Plans Debuts
Encore Fiduciary (formerly Euclid Fiduciary) says survey will help plan sponsors combat inaccuracies of many excessive fee lawsuits
‘Fiduciary’ Should No Longer Be the Cornerstone of Our Profession
When the roles of politicians and regulators become indistinguishable, the result will often be complex rules and regulations that do more harm than good
Smart Expands Fiduciary Services to Advisors, Recordkeepers, TPAs
The services are intended to mitigate fiduciary risk among employers who lack the understanding, time, or expertise to carry out their fiduciary duties
The Case for Retirement Planning ‘Guardrails’
A WSJ op-ed asserts that employers must set "guardrails" on investment options for optimized retirement planning outcomes
DC’s Fiduciary Pulse
To help them protect defined contribution retirement plans, independent ERISA attorneys like those at Groom Law Group keep a finger on the pulse of policy developments in Washington D.C.
Richter-Gordon, Chamberlain Launch Firm to Vet Lifetime Income Options in 401(k)s
Fee-only “Annuity Research & Consulting” debuts today with goal of transforming the DC plan industry’s approach to investigating annuity options
Nestimate Debuts Software Solution for In-Plan Guaranteed Income Products
Software billed as giving plan advisors, consultants and sponsors a scalable way to implement lifetime income into retirement plans
Plan Sponsors Spending Half Their 401(k) Time on Admin Work That Could Be Outsourced
New Pentegra survey released in conjunction with “3(16) Day” celebrating fiduciary expertise