Validation Institute recognizes advisers who meet ERISA fiduciary standards
The Validation Institute has put its stamp of approval on a dozen benefit advisers with a fee-based model that avoids conflicts of interest.
Fiduciary standard
Career moves: Navigating conflicts of interests as a healthcare adviser
Former retirement brokers share how they apply fiduciary standards to the healthcare industry in the second part of this series.
Vigilance on vetting PBMs will stem litigation
Amid high-profile, class-action lawsuits over inflated prescription drug prices, advisers are urged to cement a fiduciary process for employer clients.
Retirement plan analysis suggests rampant fiduciary breaches
Nearly 84% of U.S.-based plans have an ERISA violation, spotlighting a need for independent benchmarking audits.
Now might be a good time to save in Roth accounts
Contributing to these accounts makes sense for clients who anticipate higher tax rates in the future.
Benefits Think Fiduciary investment advisers can add more than 6% in value
The difference in returns is huge for investors working with a fiduciary.
Robert C. Lawton
Lawton Retirement Plan Consultants
Checking under the hood of your retirement plan with an objective mechanic
James Sotell, managing director of Comperio Retirement Consulting, shares his perspective on advising small plans and their fiduciaries.
Checking under the hood of your retirement plan with an objective mechanic
James Sotell, managing director of Comperio Retirement Consulting, shares his perspective on advising small plans and their fiduciaries.
Benefits Think Is the fiduciary rule finally dead?
This does not mean that plan sponsors and committee members cannot insist on getting non-conflicted fiduciary advice; it just makes their job harder.
Carol Buckmann
Cohen & Buckmann PC
Fiduciary rule may be gone, but many of its requirements still apply
Plan sponsors and advisers: “It is important to realize that three or four years from now, what is done today will be examined, and it needs to be done with a good standard of care and mitigation of conflicts of interest.”
Fiduciary rule may be gone, but many of its requirements still apply
Plan sponsors and advisers: “It is important to realize that three or four years from now, what is done today will be examined, and it needs to be done with a good standard of care and mitigation of conflicts of interest.”
Benefits Think Is the Fiduciary Rule finally dead?
This does not mean that plan sponsors and committee members cannot insist on getting non-conflicted fiduciary advice; it just makes their job harder.
Carol Buckmann
Cohen & Buckmann PC
As states roll out retirement plans, legal challenges loom
To the ire of some advisors and trade groups, states are getting in the retirement offerings space. Lawsuits are sure to follow.
Another risk for plan sponsors: Accusation of breaching fiduciary rules
They need documentation showing how they reviewed, selected and monitor their TDFs and if their investment strategy fits with participant demographics.
Benefits Think Why an adviser’s status still matters in a post-fiduciary rule world
Brokers are in a legal quandary: Many of them will still be fiduciaries under the 1975 Rule, but the third-party compensation they received will no longer be permitted.
Brad Campbell
Drinker Biddle
Another risk for plan sponsors: Accusation of breaching fiduciary rules
They need documentation showing how they reviewed, selected and monitor their TDFs and if their investment strategy fits with participant demographics.
Benefits Think Wrong assumptions plan sponsors make
Ignorance is no excuse when it comes to a possible ERISA audit. Here are some hard truths to common mistakes sponsors have in their heads.
Carol Buckmann
Cohen & Buckmann PC
Benefits Think Wrong assumptions plan sponsors make
Ignorance is no excuse when it comes to a possible ERISA audit. Here are some hard truths to common mistakes sponsors have in their heads.
Carol Buckmann
Cohen & Buckmann PC
SEC’s regulation best interest falls short of making broker-dealers fiduciaries
Industry experts believe the final rule needs to spell out how this rule differs from past suitability standards.
Benefits Think Brokers will always be fiduciaries
It is widely anticipated that the March 15 ruling will soon take effect, restoring the DOL’s 1975 regulation defining fiduciary investment advice to plan and IRA investors.
Joshua J. Waldbeser
Drinker Biddle