Viewpoints about Fiduciary
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Understanding the DOL’s definition of an investment advice fiduciary
The proposed DOL Retirement Security Rule changes the definition of an investment advice fiduciary. Learn what this means for your participants.
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Fund mapping 101: options for defined contribution plan conversions
Get to know three ways of moving the assets from one plan provider to another, and how to minimize disruption and even prioritize retirement readiness in the process.
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Proposed regulations on the use of forfeitures in qualified retirement plans and four best practices
Get clarification on timing and usage of forfeitures in defined contribution plans in light of the IRS’ proposed regulations on the “Use of Forfeitures in Qualified Retirement Plans."
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What are some best practices for ERISA retirement plan fiduciaries?
The rules for retirement plan fiduciaries are set out by the Employee Retirement Income Security Act of 1974 (ERISA). We’ve outlined some key best practices to help fiduciaries navigate their plan governance, investments, operations, and other duties.
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What the DOL's final ESG rule means for plan sponsors
On November 22, 2022, the DOL issued its final ESG rule, confirming that plan sponsors may consider ESG factors when selecting retirement plan investment lineups and exercising shareholder rights, including voting proxies. Find out what’s changed from the prior rules issued in 2020.
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What you need to know about SECURE 2.0 right now
We’ve compiled some of the key SECURE 2.0 provisions with the most urgent effective dates that retirement plan professionals should be aware of.
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Three tips to help avoid becoming an accidental fiduciary
As a third-party administrator (TPA), you may often take initiative to help plan sponsors with various tasks. But could you accidentally cross a line to become a fiduciary by doing these things? We’ll share some tips to help avoid unwanted fiduciary status while still offering excellent service.
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What’s a QDRO and what are my fiduciary duties?
What happens to a participant’s 401(k) account in a divorce? It depends on the qualified domestic relations order (QDRO). Learn what a QDRO is and your responsibilities as a plan sponsor.
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How to use appendices in your retirement plan service agreement
Running an employer-sponsored retirement plan can be complex. Determining who’s responsible for what can be challenging. A thoughtful service agreement between yourself—the financial professional—and your plan sponsor client is critical to establishing your role.
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Cryptocurrency in 401(k) plans
Over the past few years, individual investors have become increasingly interested in investing in cryptocurrency. As a result, the U.S. Department of Labor (DOL) issued Compliance Assistance release No. 2022–01 401(k) Plan Investments in “Cryptocurrencies” (the release) to provide its initial guidance on the matter. It’s important to understand that guidance and how it might apply to your plan.
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