Fiduciary standard

As fiduciary awareness grows, CITs, which often have lower fees than mutual funds, are poised for growth.

As defined in the new rule, investment advice includes recommendations to an employee benefit plan, plan fiduciary, participant or beneficiary, or an IRA, HSA, or education savings account owner.

As fiduciary awareness grows, collective investment trusts, which often have lower fees than mutual funds, are poised for growth.

As defined in the new rule, investment advice includes providing investment or investment management recommendations to an employee benefit plan, plan fiduciary, participant or beneficiary, or an IRA, health savings account, or education savings account owner.