The evolution towards more effective retirement planning is already underway, and many fiduciaries are breathing a sigh of relief because of it.
The post Retirement Planning Using Return Assumptions vs. Return Requirements – A Fiduciary Perspective appeared first on FiduciaryNews.
Should you stay or should you go? The answer is so obvious you don't have to ask your hairdresser to know for sure.
The post 7 Rollover Tips for Those with Money Still in Former Employer 401k Plans appeared first on FiduciaryNews.
Do 401k plan sponsors know the fiduciary minefield they're stepping into when they select a QDIA?
The post QDIA Fiduciary Red Flags 401k Plan Sponsors Must Look Out For appeared first on FiduciaryNews.
Between using past performance to suggest future results and using forecasts to try to time the market, which is the lesser evil?
The post Should a Fiduciary Use Historic Returns or Economic Forecasts when Making Retirement Return Projections? appeared first on FiduciaryNews.
You may not remember this, but several months ago the SEC penalized three AIG affiliates $7.5 million for charging $2 million in extra 12b-1 fees as a result of directing
The post 401k Fiduciary Alert: Regulators Targeting 12b-1 Fees, Is Revenue Sharing Far Behind? appeared first on FiduciaryNews.
Ultimately, it will be the tort bar that offers the enforcement and the subsequent consequence for poor decision making on the part of plan sponsors and service providers. Rest assured all sides will be discover the regulatory fence in their once open fields.
The post Will the DOL’s New Fiduciary Rule Redefine the Role and Boundaries of Plan Recordkeepers? appeared first on FiduciaryNews.
With the pain of the Target Date Fund 2008/09 market crash debacle still lingering in the mind, to best assess the potential fiduciary liability inherent in TDFs – no matter what safes harbors were promised by the PPA – it’s critical that 401k plan sponsors understand what’s good about them, what’s bad about them, and just why they’re so popular.
The post 401k Plan Sponsors Need to Know the Good, the Bad, and Why TDFs are So Popular appeared first on FiduciaryNews.
Investing through mutual funds, including TDFs, is like using mass transportation. It’s not ideal but for many it’s the only realistic choice.
The post When is it OK (and not OK) to mix TDFs with other funds? appeared first on FiduciaryNews.
These are the times it’s most important for fiduciaries to learn how to say “no” to clients who feel compelled to set their own best interests aside just to chase investment performance. No one is saying that’s an easy job.
The post How a Fiduciary Should Explain “Growth” and “Value” Investing Styles appeared first on FiduciaryNews.
So-called “socially responsible” investing is not automatically incompatible with abiding by one’s fiduciary duty, however, the cases where it is acceptable are narrowly defined.
The post 4 Specific Examples When “Socially Responsible” Investing Does Not Breach One’s Fiduciary Duty appeared first on FiduciaryNews.
The controversial and decidedly partisan report not only took aim at the policies of the current administration, it entered into the passive/active debate by solely targeting actively managed funds. Worse, the report reveals a rather naïve understanding of mutual funds and investing.
The post Is “Active Share” the New Phrenology? appeared first on FiduciaryNews.
If you're a fiduciary and you haven't ask this question, you might want to read this before you make your next decision.
The post How a Fiduciary Answers the Individual Stocks vs. Mutual Fund Question appeared first on FiduciaryNews.
"As more employees find their 401k accounts growing to more than one million dollars, there will be a greater desire for employees to gain greater control over their own future. Plan sponsors should become more aware of the consequences of providing these kinds of options and how best to mitigate the liability risk associated with them."
The post Yes, Separately Managed 401k Account Pose Risks to Plan Sponsors, But These Steps Can Reduce Their Fiduciary Liability appeared first on FiduciaryNews.
Would you rather have the nuts and bolts practical guide for what to ask or the theoretical questions that tend towards the philosophical? Most 401k plan sponsors are too busy for theory, that's why they'll prefer to focus on these questions.
The post Must Read for the Summer: Top Fiduciary Questions 401k Plan Sponsors Must Ask (But Sometimes Don’t) appeared first on FiduciaryNews.
Worse, those held accountable for the potential damage of the flaw are not these detached organizations, but the professionals implicitly promoting the festering error – regular people ranging from bank trustees hired to guard the interests of beneficiaries to retirement plan sponsors and trustees responsible for protecting their employees.
The post Rethinking Performance Standards (Part I – The Fatal Flaw) appeared first on FiduciaryNews.
A fiduciary who only looks at the most recent reporting period stands to make an unfortunate – and potentially damaging – investment decision... and unnecessarily exposes himself and his company to a liability that can otherwise be easily avoided.
The post Rethinking Performance Standards (Part II – The Solution) appeared first on FiduciaryNews.
When retirement industry professionals talk about the impact of the 2006 Pension Protection Act, you might be surprised that this is what they conclude.
The post How QDIAs Have Changed the Fiduciary Role of 401k Plan Sponsors appeared first on FiduciaryNews.
When considering the potential – if not underestimated – liability associated with TDFs, perhaps it’s best to listen to the warning Cialdini provides regarding Social Proof: “It should never be trusted fully… we need to look up and around periodically whenever we are locked into the evidence of the crowd.”
The post 5 Areas Where Target Date Funds Increase 401k Plan Sponsors’ Fiduciary Liability appeared first on FiduciaryNews.
Whatever the future holds, we live in a present where there is no such thing as a free lunch; thus, the basic notion of caveat emptor continues to hold true.
The post The Fiduciary Duty to Investigate Conflicts-of-Interests with “Zero” and “Negative” Fee Funds appeared first on FiduciaryNews.
A good fiduciary must keep a level head and know when emotions drive investors. After all, if they’re not careful, emotion will drive investors right off the cliff.
The post A Fiduciary Must Confront The Fears and Fads of Market Cycles appeared first on FiduciaryNews.
