Weâll show you the raw data first, then provide our analysis â and an important caveat.
Find out what big PR push a certain sector of the financial industry started this week. Here’s a hint: You can thank Washington.
It is this latter case that may expose the unsuspecting fiduciary to greater liability. ERISA plan sponsors interested in reducing their fiduciary liability must stay up-to-date on these developments.
The race is on between finding an adequate solution for TDFs and one sudden market cataclysm that spurs a slew of fiduciary liability lawsuits.
While one might ask why it took this product 50 years to become popular, a better question might be why had the product failed to spark much interest during those decades.
These vast unknowns inherent with Target Date Funds have perhaps created a new fiduciary liability where none previously existed.
“I selected the Target Date Funds to reduce my fiduciary liability. Are you telling me this actually raises my fiduciary liability?â The panel merely looked at each other and laughed.
What happened while you were taking Labor Day week off – whether to see the beach or to catch up on your busy workload?
With all the bad investment news in the media, have plan sponsors neglected this positive development?
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 9/24/10
While pension problems trump annuity ideas and the fiduciary fracas festers, along comes the DOL to remind us they’re still in this game.