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.
The Strong Case for a Retirement Savings ‘Lost and Found’
Past proposals for an Office of the Retirement Savings Lost and Found (Lost & Found) offered good examples…
The CAA: A Fiduciary Guiding Light for 401(k) and Benefits Advisors
The Consolidated Appropriations Act (CAA) of 2021, signed into law at the end of December, brought significant changes…
Majority of Small Business 401k Plans Still Pay Hidden Fees
Why don’t more small businesses offer a 401k to their employees? This might be the reason. Despite a…
The Dilution of the Retirement Plan Fiduciary
In recent years, the term “fiduciary” has been tossed out like parade candy. Is my broker a fiduciary?…
Department of Labor Issues Guidance on 401k Fiduciary Rule
In what seems like déjà vu all over again, the U.S. Department of Labor’s Employee Benefits Security Administration…
Can a 401(k) Fiduciary Rely on Luck?
This may sound like a flippant question at first blush, but it draws attention to the difference between…
401(k) Fees Continue to Fall
A bit of good news after a horrible year. The latest edition of the 401k Averages Book 21st…
Evaluating Target Date Funds Is A 401(k) Fiduciary Responsibility
Surveys show that the overwhelming majority of 401(k) plans offer target date funds as part of their investment…
Q4 2020 Top Quartile Report
The Q4 2020 Top Quartile Report, which ranks investments using the Fi360 Fiduciary Score®, is now available for…
Biden’s DOL to Implement Trump Fiduciary Rule
The Department of Labor announced that it will allow a Trump-era exemption for investment advice fiduciaries to move…