| 'Fiduciary' vs. 'Suitability' |
| To meet the reasonable-basis suitability requirement, the adviser must have a reasonable basis to believe, based on due diligence, that the recommendation is suitable for at least some investors. On the other hand, ERISA provides for what has become known as the “prudent expert” standard.
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| Helping Plan Sponsor Clients React to Market Volatility |
| There are certain actions DB and DC plan sponsors can take in response to market swings, but there’s no need to panic.
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| From the Magazine: Scouting for Recruits |
| Nearly nine in 10 respondents to PLANADVISER’s recent Recruiting Techniques Survey favor recommendations when seeking out new hires, well over their second choice—social media—at 33%.
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| Auto Roll-Ins Should Complement Auto-Enrollment |
| About half of participants cash out of IRAs their small balances are rolled into, and by not rolling these assets into new plans, they are losing the benefit of compounding.
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