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 the DOL’s Delay Will Help the 401(k) Fiduciary Rule
Fiduciary Rule Delay raises concerns over retirement advice costs, IRA rollovers, and small business access to services.
Department of Justice Tries to Postpone Trump Fiduciary Order: UPDATE – Denied
Update: The United States District Court for Northern District of Texas has denied a challenge to the fiduciary…
Has the DOL Rule Really Changed 401(k) Rollovers?
Much of the trade press commentary has focused on predictions of doom and gloom due to the DOL's fiduciary rule. We disagree.
Johnny Depp’s Bad Movies, Good Reasons for Fiduciary Rule
Johnny Depp money woes reveal mismanagement, costly spending, and lawsuits, highlighting the risks of poor financial oversight.
Bigtime Robo Advisor Draws More 401k Fiduciary Scrutiny
Aon Hewitt is the latest company to attract accusations of a breach of fiduciary duty over its relationship…
401(k)-to-IRA Rollovers Show Little Sign of Slowing
Discover how a 401(k) to IRA rollover impacts retirement savings, tax benefits, and investment options for long-term financial security.
Prudential Lawsuit a Lesson in 401(k) Fiduciary Services
A judge has ruled that Prudential Retirement Insurance & Annuity Co. was not operating a “pay-to-play” scheme in the 401k plans it services.
2 Critical Lessons Learned from Latest 401(k) Fiduciary Fail
Retail giant J.C. Penney will pay $4.5 million to current and former participants in the company’s 401(k) plan…
SEC Gets in on 401(k) Fiduciary Rule Compliance
Fiduciary Rules Guidance helps mutual funds streamline compliance with SEC requirements for sales loads and post-effective amendments.
Unintended Results? Conflicts of Interest and the 401(k) Fiduciary Rule
We’re living in an age when an unprecedented number of 401(k) plan participants must make decisions about assets…