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.
Senator Marks ERISA Anniversary, Calls for Gomez Confirmation
Recognizing the importance ERISA plays, she introduced the following resolution
DOL Releases New Bulletin on Independence for Plan Accountants
The department issued an Interpretive Bulletin as far back as 1975 that set forth guidelines
September Top Advisor by Participant Outcomes (TAPO)—Kim Cochrane
A common thread throughout this year’s group of Top Advisors by Participant Outcomes (TAPO) is their focus on…
‘Perfect Storm’ Causing Lower Retirement Confidence for Certain Women
Both divorced and single, never-married women workers are more likely to agree that retirement savings are not a priority relative to current needs
Prison-Bound Financial Advisor Racked Up 37 Complaints in Two Years
Dubious 'achievements' in his young 33 years
HUB Launches Financial Coaching, Wellness Solution
It's an interactive online learning center complete with CFPs
Mutual Funds Change Benchmarks to Hide Poor Performance: Paper
The authors found evidence that funds 'provided misleading information to investors in their SEC-mandated disclosures'
‘Reckless’ Jerry Schlichter Slammed (Again) in Empower’s Win
He is 'personally liable for Defendants’ excess costs, expenses, and attorney fees,' according to the judge
Mastermind of $300 Million Ponzi Scheme Targeting Retirees Sentenced
The defendant and his co-conspirators contacted retirees experiencing financial distress, most of whom were military veterans
Another State Signs Government-Sponsored Retirement Plan into Law
Delaware EARNS (Expanding Access for Retirement and Necessary Savings) requires businesses with more than five employees to participate