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.
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…
3(38), 3(21), 3(16): Do 401k Advisors Really Know the Difference?
(From Issue 4, 2016) “WELL, GOOD LUCK WITH THAT,” Troy Tisue good-naturedly laughs when told we’re attempting to…
Is Fiduciary Worth it for 401(k) Advisors?
Fiduciary Rule Advisors must decide between defined contribution plans and wealth management as compliance rules reshape their future.
Does Puzder Pick Doom DOL Fiduciary Rule?
Andy Puzder regulation stance sparks debate as Trump’s labor pick, with fiduciary rule and business growth on the line.
Who’s Calling for 401(k) Fiduciary Repeal Now?
Sen. Ron Johnson (R-Wis.), chairman of the Senate Homeland Security and Governmental Affairs Committee, asked three top regulators…
NAFA Appeals 401(k) Fiduciary Decision to a Higher Court
The insurance industry advocacy organization filed a motion for an emergency injunction to stay the deadline for implementation of the 401(k) fiduciary rule
FSI Members Strongly Support 401(k) Fiduciary Rule Repeal
Granted, it’s an advocacy organization for independent broker-dealers, but the Financial Services Institute (FSI) released a survey of…
Don’t Get Burned: Six 401(k) Fiduciary Items to Closely Watch
When I was a teenager, we were told that cracking our knuckles will cause arthritis; it doesn’t. We…