Browsing Tag
Fiduciary
612 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.
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…
SEC, DOL Fought Over 401(k) Fiduciary Rule
The Securities and Exchange Commission and Department of Labor fought mightily over provisions in the fiduciary proposal, discord…
401(k) Keys to a Responsible Plan: Trust, but Verify
A company’s new executive team was recently tasked with becoming the fiduciaries for the company’s 401(k) plan, which…
How 401(k) Advisors Capitalize on Change
AS PROFESSOR BARBAY SAID in the Rodney Dangerfield classic, Back to School, “There are two types of people…