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.
Trader Joe’s is Trader No’s in Latest 401(k) ERISA Lawsuit
Overpaying at Trader Joe’s? Who’d of thought? The popular grocer finds itself under fire for failing to leverage the…
Fidelity Fees Are Top 401(k) Litigation Story of 2019
Fidelity always seems to garner attention—whether it’s controversy over supposed quid pro quo or zero-fee fund options. The…
5 Ways to Improve Retirement Security
It’s a retirement plan call to arms. Transamerica Center for Retirement Studies (TCRS) lists five steps to better…
Are 401(k) Fiduciaries Correctly Benchmarking Their Funds?
If you grew up in the mid to late ‘70s, you know well the many detective movies starring…
Elizabeth Warren ‘Cautions’ DOL About Weak Fiduciary Rule
Conflict of Interest Rule sparks Warren’s warning against weak standards that risk Americans’ retirement savings.
Critically Important 401(k) Documents to Develop and Maintain
CEFEX Perspectives A series of articles on fiduciary practices leveraging the training and experience of CEFEX Analysts. Article…
ERISA Fiduciary Breach Back on Supreme Court Docket
How long is too long to take issue with 401(k) plan investments offered and/or made by the plan…
How to Navigate the Missing 401(k) Participant Playbook
Plan sponsors are increasingly challenged by the problem of missing participants, and the difficulties they face in performing…
MIT Agrees to Hefty Sum for Alleged Fiduciary Breach
Massachusetts Institute of Technology employees and retirees will receive an $18.1 settlement as part of a deal struck…
Technical Best Practices for Managing Cyber Risk: CEFEX
CEFEX Perspectives This is the second part in a series of articles on how fiduciary practices leverage the…