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.
New Standards Guidance Available for ‘Fee-Only’ CFPs
CFP Board this week issued a new guidance document to assist fee-only CFP professionals in complying with the revised Code & Standards.
(Hallelujah!) Investors ‘Carefully Consider’ Fees, Expenses in Mutual Fund Selection
Is the knock-down, drag-out industry fight over fees finally getting through to the masses? It appears so, according to ICI.
What’s the Difference Between Fiduciary Insurance and a Fidelity Bond?
Plan administrators often ask me to explain the difference between a fidelity bond, which is required, and fiduciary…
Tom Zgainer’s 401(k) Zeal: Is He Winning the Low-Fee Fight?
Tom Zgainer is annoying the heck out many retirement plan providers, and he’s absolutely fine with it. He…
Hedge Fund in DOL Hotseat Over Retirement Plan Assets
Hedge fund pension assets face scrutiny as Alden Global Capital comes under Department of Labor investigation.
Fred Knows 401(k) Fiduciary
401(k) fiduciary mistakes by sponsors and committees create risks. Learn common errors and how advisors can prevent costly issues.
The NeverEnding Story—Reg BI and the Latest Fiduciary Folly
Progress on the fiduciary rule has often looked like two steps forward, one step back (or vice versa).…
Hillbilly to Harvard, Ignorance to Inspiration: 2019 Fi360 Conference
Author and historian Tara Westover delivered a subdued, yet powerful, presentation to attendees of Fi360’s annual conference in…
‘Good, Bad and Ugly’ of Current Regulatory Regime: 2019 Fi360 Conference
Attendees, numbering over 800, appeared to be ready for business. Celebrating it’s 15th such conference, it also Fi360’s 20th anniversary.
Major Trends in 401(k) Fund Menus
Target Date Funds in retirement plans help simplify investing, reduce risk, and improve outcomes through automatic allocation and rebalancing.