Many fiduciaries are unaware of their fiduciary responsibilities or do not understand them. As you contemplate these important questions while staying cool this summer, if you need help uncovering the answers to any of these important questions, do not hesitate to ask your plan advisor.

Most fiduciary errors are unintentional or even well meaning. Be wary of these common mistakes by taking a look at some of these examples.

The Department of Labor (DOL) finally published final guidance regarding the definition of “fiduciary” on April 8, 2016. This Q&A will help you sort it out.

Can you list your board members’ three main fiduciary duties? More important, can your board members? Here’s a quick rundown and a warning about conflicts of interest.

With the help of outside professionals, you can lower your fiduciary risk by doing right by your employees while addressing all applicable regulations.

Can you hear the bells ringing? It’s that time of year to review your to-do list of fiduciary responsibilities. Ask yourself the following questions to make sure you are on top of your responsibilities and liabilities. Are you practicing procedural prudence when making plan management decisions? Do you clearly understand the Department of Labor’s (DOL)…

Outsourcing allows companies to focus more on their core businesses, rather than spending time on areas outside their expertise.

President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that passed on March 11?

A plan fiduciary plays an important role in the organization’s financial health. Not only do they oversee the fiduciary process, but they identify and serve the best interestsof a retirement plan’s participants and beneficiaries. Here are 10 important responsibilities to keep in mind. 1. Limit liability: As a fiduciary, it is imperative that you understand…

Target date funds (TDFs) — which rebalance investments to become more conservative as a fixed date approaches — are a convenient way for plan participants to diversify their portfolios and reduce volatility and risk as they approach retirement, making them an increasingly popular choice. However not all TDFs are created equal, and selecting and monitoring…

A comprehensive guidance—and safe for plan fiduciaries—is the safe harbor for electronic delivery of participant notices provided in DOL regulations. 

For almost a century, collective investment trusts (CITs) have played an important role in the markets. They were originally introduced in 1927. According to a 2020 study, they are now used in more than 70 percent ofplans.¹ For the vast majority of their existence, CITs were available only in defined benefit (DB) plans. In 1936,…