Tag: Fiduciary
servicing strategies
Leveraging ERISA Attorneys
Advisers can benefit from working with lawyers in the field
Editor’s Letter
Best Interest?
By now, we have all read and reviewed the Department of Labor (DOL)’s revised “conflict of interest” rule—or, as we...
Plans Subject to Many Types of Errors
But working with an adviser, auditor, provider and ERISA attorney, sponsors can avoid them.
Fiduciaries Removed for Misusing Retirement Plan Funds
The Department of Labor filed suit against fiduciaries of a medical corporation’s pension plan for using plan assets for personal expenses, citing multiple violation of the Employee Retirement...
Plan Advisers Can Be Fiduciary Educators
The basics of fiduciary duties—overwhelming to some plan sponsors—can be an opportunity to provide critical education on fees and ERISA plan fundamentals.
DOL Extends Fiduciary Comment Period
The comment period for the fiduciary proposal is being stretched out for another 15 days, the Department of Labor (DOL) said in a statement.
DCIIA Paper Outlines DC Plan Success Factors
A new paper from the Defined Contribution Institutional Investment Association outlines best practices for promoting retirement readiness in the defined contribution plan context.
GOP Senators Demand More Time for Fiduciary Feedback
A group of Republican senators led by Lamar Alexander urged the Department of Labor to give the public more time to weigh in on the fiduciary proposal.
Index Fund Proxy Voting and Fiduciary Liability
One advisory team is urging retirement plan fiduciaries to reconsider the importance of index fund proxy voting rights under the Employee Retirement Income Security Act.
Industry Hopes for Expanded Multiple Employer Plan Access
Employees of small independent businesses would especially benefit from an expansion of accessibility and a simplification of rules applying to multiple employer plans, according to a report from...
MFP Strategies Releases PlanQuest Solution
PlanQuest's team of retirement plan specialists works with clients to customize and deliver consulting services that address their needs and plan goals.
75 Days Inadequate for Fiduciary Review, Groups Say
Sixteen industry groups are asking the Department of Labor (DOL) to extend the comment period on the fiduciary proposal.
Fiduciary Changes Still Hard to Grasp
The DOL’s proposed fiduciary rule is complex and wide-reaching, one experienced ERISA attorney tells PLANADVISER, so the financial industry needs more time to digest the potential implications.
New Partnership to Offer Qualified Plans
MillenniuM Investment and Retirement Advisors has teamed with TriCore to offer an integrated, open-architecture qualified plan program.
Changes Plan Sponsors Would See with New Fiduciary Rule
With so much industry attention fixed on the DOL’s proposed fiduciary rule language, plan sponsor clients will undoubtedly be asking, “What does it mean for us and our...
Broad Strokes of New Fiduciary Rule Outlined by DOL
New rule language outlined by the Department of Labor will increase the number of advisers and brokers required to act as fiduciaries for investment clients.
Calmer Perspectives on Tibble Fee Case
Despite enormous industry attention paid to the case, some attorneys say a pending Supreme Court decision in the Tibble vs. Edison retirement plan fee litigation may not be...