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.
7 Sensible Cybersecurity Steps for 401(k) Plan Sponsors
Cybersecurity breaches of retirement plan participant accounts have occurred with increasing frequency in recent years. Just this past…
How to Quarantine Your Practice Against the ‘Fiduciary Flu’
During this Covid-19 crisis, what skills did you draw upon so that you could properly serve your clients?…
Lessons from Jerry Maguire in the Current COVID Crisis
During this crisis and the resurgence that will follow, one thing is for certain—we’re going to place much…
401(k) Fraud: A Chilling Account of How Easy It Is
“Houston, we have a problem.” On the 50th anniversary of Apollo 13, it seems appropriate to examine how…
Kitces, Aikin, Reish Talk 401(k) Fiduciary, Reg BI
We understand the reasons for coronavirus-driven conference cancelations, but it doesn’t make it any less disappointing. However, in…
During This Crisis, No One is Looking for a Fiduciary
During this crisis, if you’re still marketing yourself as a fiduciary, your retirement practice is in serious trouble.…
Free 3(16) Fiduciary Support Helps Keep Participants on Track
On Thursday, Newport Retirement Services announced that it was offering free 3(16) fiduciary services to its clients to…
New Jersey Relaxes Regs for Advisors Working From Home
On Tuesday, the New Jersey attorney general’s office announced it was relaxing registration rules to allow financial professionals…
401(k) Coronavirus Concerns for Human Resources Departments
The Coronavirus/Covid-19 pandemic will have a significant and negative impact on our industry. As a business owner, you…
Portman’s Push for a SECURE Retirement
Ohio Senator Rob Portman had more reason to celebrate than just about anyone when the SECURE Act, the…