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.
‘Father of 401(k)’ Ted Benna Sounds Off on DOL Fiduciary Rule
Ted Benna wants to make something absolutely clear; a warning for 401(k) advisors specifically, and the industry in…
Ryan and Republicans Get Ridiculous on Rule
“It could have been worse” is the best we can say for the majority of regulation, and so…
Republicans Ready to Fight 401(k) Fiduciary Rule
Like Sheriff Buford T. Justice, congressional Republicans aren’t giving up. Despite cautious optimism and general praise for the…
Envestnet: ‘Opportunity from 401(k) Fiduciary Rule’
One of the biggest surprises for Envestnet in general, and Lincoln Ross specifically, from the DOL’s final fiduciary…
Vanguard’s View of the DOL’s Final Fiduciary Rule
The Department of Labor (DOL) unveiled its final rule on April 6 updating its definition of a fiduciary…
Why Isn’t Government Held to Fiduciary Standard?
A Wall Street Journal editorial published in the wake of yesterday’s great fiduciary unveiling is attracting a lot…
‘The DOL Was True to Their Word:’ fi360’s Blaine Aikin
For those who think the new fiduciary rule is a watered-down compromise of what could have been, Blaine…
401(k) Fiduciary Freak-Out: How is the Industry Reacting?
Industry reaction to White House revelations about provisions in the Department of Labor’s (DOL) final fiduciary proposal has…
What Happens When 401(k) Auto-Enrollment Goes Wrong?
All hail auto-enrollment! It’s unquestionably a boon for enrollment rates, and 401(k) retirement preparedness overall. Acting in concert…
President Obama Meets with 401(k) Fiduciary Rule Advocates
President Barack Obama met with financial regulators Monday to give the Department of Labor’s fiduciary rule a final…