2 choices, 1 decision: Hiring a third-party fiduciary

Published Updated 5 Min Read

Reading an article about fiduciary duties and responsibilities isn’t frequently associated with fun. But, being a fiduciary carries a heavy weight and lots of responsibility. Breaches of such responsibilities can result in both civil and criminal action, though the latter is rare and usually the result of egregious behavior.

Fortunately, retirement plan sponsors have a growing menu of options to help them manage their fiduciary obligations and offset some of their legal liabilities.


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