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.
Which CITs Get Top Fi360 Fiduciary Score?
CIT Fi360 Fiduciary Score shows 17% of investments earned top marks, helping advisors assess funds with fiduciary responsibility.
Woman Sentenced for Retirement Plan Embezzlement
Oklahoma woman gets 3-year federal prison sentence for embezzling hundreds of thousands from unionized engineers' benefits plan.
What Has Fiduciary Firm Fi360 Done Now?
Fi360 is at it again, adding new modules to its Fiduciary Essentials for Advisors (FEA) training program “to…
States React to Fed Fiduciary Filibuster
When the democratic left hypes the rights and responsibilities of individual states, we are Romans crossing the Rubicon.…
Why SEC Fiduciary Rule Reg Sounds Right
We’re not crazy enough to argue against the DOL’s fiduciary rule (or at least a rule), but is there a better way, one that more successfully satisfies key stakeholders?
This Guy’s Coming for Your 401k Business
Here’s your newest threat. Tom Zgainer has identified and deftly exploited certain areas of 401k advisory failure, yet…
Will Saving Trees Save Retirement?
It appears so, and the cost savings of electronic versus paper statements alone could go a long way…
What are 401k ‘Shadow Fiduciaries’ and Why Should You Care?
Not that we didn’t already know, but institutional reinforcement is always welcome. The latest research from Cerulli Associates finds…
The Latest Targets of 401(k) Fee Lawsuits Are …
Call it the Tibble v. Edison of union retirement plans. A new front has opened in the retirement…
Why It’s So Easy to Steal 401(k) Plan Assets
It’s easier than you think for a third-party administrator or plan fiduciary to steal plans assets. The allegation…