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.
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.
How to Avoid 401k Litigation Attorneys on June 9
On May 22, 2017, Secretary of Labor Alexander Acosta confirmed something that we’ve argued since the DOL’s fiduciary rule…
‘Dilute’ the Fiduciary Rule, Get Sued: Aikin
One has to wonder if fiduciary rule advocate Blaine Aikin is smart or lucky. The firm he heads, Fi360,…
Fred Reish Gets Real With Retirement Plan Rollovers
Fiduciary Rule Implementation on June 9 confirmed, with changes expected but mostly minor, ensuring compliance and clarity for advisors.
Bureaucrat Borzi Blunt About Fiduciary, Fees, Fears
Phyllis Borzi fiduciary rule insights shared at Fi360, highlighting challenges, public engagement, and lasting impact on financial services.
Betterment for Business Banks on Fiduciary Boost
Betterment for Business, their defined contribution, who announced two high profile additions to their retirement 'Board of Advisors.'
Committee: 401k Fiduciary Rule ‘Hurts Those Intended to Help’
Washington Republicans continued their attacks Thursday on the fiduciary rule in its current form. The House subcommittee on…
Alexander Acosta Confirmed As Labor Secretary
Fiduciary Rule Fight continues as Acosta faces Senate scrutiny and pressure over retirement standards for financial advisors.