Disclosures in annuity contracts weren't enough to protect this couple from missing out on big market upside.
Recent ERISA case offers key takeaways for plan fiduciaries that receive revenue in exchange for providing services to their own retirement plan.
Is it even possible for a plan sponsor to make an informed and prudent decision about putting stable value funds on their plan investment menu?
The revenue earned by providers of stable value funds is at issue in a recent class action lawsuit.
During times of market stress, the biggest risk that investors face is themselves.
The whole point of TDiFs is to secure inflation-protected retirement income--which is also a central concern of ERISA.
'Caveat emptor' is not optimal for plan beneficiaries and sponsors, writes Scott Simon of Prudent Investment Advisors.
We have the SEC to thank for investors not being able to tell a non-fiduciary broker from a fiduciary advisor, argues Scott Simon of Prudent Investor Advisors.
Some end-of-summer observations on suboptimal fiduciary set-ups, the 'incidental' issue in the fiduciary wars, and reflections on Tibble v Edison.
Disclosures of conflicts made by many financial services providers tell you just about nothing--or even less!
Advocate Steve Schullo says reform is moving in the right direction, but there is more work to do.
In so-called 'open vendor' states, high-cost 403(b) plans may be side-stepped by turning to 457(b)s, explains plan-participant advocate Steve Schullo.
Steve Schullo's is working to shed light the awful shortcomings of K-12 403(b) plans.
Scott Simon of Prudent Investor Advisors argues the case for plan sponsors hiring a 3(38) fiduciary.
Will the DOL jerk the football away from those advocating for the fiduciary standard?
A leaked White House memo may have offended some in the financial-services industry, but resistance to a fiduciary standard should be causing more outrage, writes Scott Simon of Prudent Investor Advisors.
Prudent Investor Advisors' W. Scott Simon analyzes a series of agreements between a large insurance company and a K-12 school district.
Fiduciaries must temper investors' attraction to high returns, which can often result in the payment of unexpected taxes and exposure to unexpected losses.
The motivations under the non-fiduciary and fiduciary business models are vastly different, which results in the recommendation of quite different financial products for clients, writes Scott Simon of Prudent Investor Advisors.
It just doesn't stand up to scrutiny, writes Scott Simon of Prudent Investor Advisors.
Choice in the context of a retirement plan means something quite different to providers that aren't fiduciaries to a plan than to fiduciary plan providers.
If Wall Street were really interested in having a total commitment to the long-term interests of its clients, it would embrace a fiduciary standard, but it does just the opposite.