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.
How to Save Time Comparing 401(k) Rollover Fees
The size and viability of the 401(k) rollover market is as confusing as ever, especially considering the on-again/off-again fiduciary rule.
Questions Point to ‘Diluted’ 401k Fiduciary Rule
Fiduciary Rule changes may spark lawsuits as experts warn against dilution, with the DOL navigating compliance and legal risks.
Trump’s Fiduciary-Fighting Fanatic Finally Gets Job
Sidelined for months, financier and 401(k) Specialist cover boy Anthony Scaramucci will finally get a coveted position (for…
Fiduciary Frustration Finds Audience in 401(k) Advisors
“I’ve been in a room with Phyllis Borzi where she said 90 percent of all rollovers were imprudent,”…
How to Ensure Better 401(k) Participant Outcomes
401(k) Participant Outcomes improve with insights from Lee Topley of Unified Trust. Discover strategies to boost participant results.
House Republicans Pass ‘Choice’ Act, Block Fiduciary Rule
One of the most sweeping financial regulations in recent history took a step closer to destruction on Thursday,…
401k Fiduciary Rule Gets Final Review Before Friday Fanfare
Labor Secretary Alexander Acosta announced Wednesday that the Office of Management and Budget put out a request for information…
Why June 401(k) Fiduciary Date Doesn’t Matter
Fi360 president Matt Wolniewicz likes what he sees with product provider prep for the fiduciary rule’s expected implementation.…
401(k) Tort Terror Schlichter Defeated by Chevron
Chevron 401k lawsuit ends as judge rules against plaintiffs, dismissing claims of conflicts, excessive fees, and fiduciary breaches.
MFS ‘Cleans’ Its Retirement Share Classes
Class R6 Shares expansion continues as MFS adds 20 mutual funds, boosting options for retirement plans and advisory platforms.