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.
Where to Find Help with ERISA 3(16) 401(k) Fiduciary Responsibilities
For many employers, retirement plans are an important employee benefit. Not only are 401(k) plans key for employee…
Lawsuit Filed to Block DOL’s 401(k) Fiduciary Rule
In a surprise to no one anywhere, a number of financial services and 401(k) industry lobbying organizations have…
Fidelity Sued (Again) Over Alleged 401(k) Fiduciary Breach
The latest case to throw cold water on 401(k) fees involves Delta Airlines, Fidelity Investments, and (of all…
401(k) Fiduciary Opportunity, Is That You?
With changes come opportunities—and if you’re a 401(k) advisor, the new “Conflict of Interest Rule” is a HUGE…
Envestnet Advisor Summit 2016: ‘Fiduciary Rule Bad for Long-Term Business’
An early afternoon interview on an outdoor patio adjacent to the Chicago Hilton brought welcome relief for Brian…
The Fiduciary Rule’s Industry Ruin
How’s this for a compliance crock? See what marketing expert and author David Weinberger and ERISA expert Jason…
The latest State to Adopt a Government-Run 401(k)
Lt. Gov. Nancy Wyman broke an 18-18 tie in the Connecticut Senate on Saturday, as Constitution State lawmakers…
401(k) Rollovers: Still a $12 Trillion Deal?
Talk of a 401(k) rollover storm, tsunami, surge (whatever the metaphor) hits fever pitch and the federal government’s…
President Obama to Veto House Bill Blocking 401(k) Fiduciary Rule
Put President Obama in the ‘nay’ column. The White House said he will veto a bill to block the…
401(k) Fiduciary Expert Jason Roberts on DOL Rule Danger
Here is a summary of the video featuring Jason Roberts – For more details, you can watch the…