What is the Fiduciary Standard?

A published set of uniformly enforced guidelines and specifications is the essential trait of a standard. Examples of published standards abound in many fields including technology, manufacturing, and healthcare. A ton of commentary has appeared in the retirement plan...

Automating Fiduciary Compliance

Computerizing Fiduciary Controls is a New Business Reality for ERISA Plans Recent changes to ERISA make compliance with its fiduciary rules more challenging than at any time since its introduction in 1974. Many organizations that sponsor ERISA plans lack the needed...

Are Conflicts of Interest Harmful…Really?

Out of necessity, a fiduciary’s performance of their duty will drive interactions with vendors of investment advice and administration services. Those interactions all have the potential to create real or perceived conflicts of interest with the trinity of ERISA...

Year End Takeaways for Plan Administrators

Have you ever been so thirsty on a steamy August day that you drank from a garden hose? Yes, I must admit that I have. I remember falling for this hydration method as a teenager in the midst of my lawn mowing days. It seemed like a good idea at the time, with the...
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