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.
University Battles Back in Retirement Plan Fee Fight
Northwestern University – 1, Jerry Schlichter – 0 The prestigious Chicago-based university was able to fend off a…
Why We’re Back to ‘Square One’ With 401(k) Fiduciary
Fiduciary responsibilities in financial services, with insights from Dick Friedman on risks, roles, and retirement plan management.
7 Characteristics of Top-Notch Advisors
Caveat emptor is a common Latin phrase meaning “buyer beware.” Now that it appears that the decision striking…
Clearly Confusing: How to Define and Incorporate ESG in Retirement Plans
Does anyone have a concise definition of ESG? Anyone? Neither do we. It’s one of the main sticking…
Danger: Don’t Judge a Fund By its Active/Passive Label
Contrary to the beliefs of (too) many advisors, selecting funds for a fiduciary account based solely on their active…
Why We Might Never Get A Fiduciary Rule
'There is a good possibility, due to significant pushback, that the SEC's version might never fully come to pass,' says Fi360's Blaine Aikin.
DOL Announces Fiduciary Policy After Bombshell Ruling
The Department of Labor will not pursue prohibited transactions claims against fiduciaries “who are working diligently and in…
Fifth Circuit Court Denies Fiduciary Reboot Request
Fiduciary Rule Court Decision marks the end as the Fifth Circuit denies revival, shaping future financial regulations.
401k Plan Sponsors in Desperate Need of Fiduciary Know-How: Fi360 Annual Conference
Ensuring that Americans are able to retire with dignity (and sustain that dignity throughout retirement) begins with helping…
SEC Finally Proposes Fiduciary Rule Revamp
The Securities and Exchange Commission voted to propose its own widely-watched and long-awaited version of a fiduciary standard "to better serve savers and investors."