In selecting an investment product for a plan lineup,
we believe plan fiduciaries must balance considerations such as participants» needs, tradeoffs between expected returns and risks, and objectives of the stable value investment option.
Not exact matches
The Department also
believes that making the rule immediately effective will provide
plans,
plan fiduciaries,
plan participants and beneficiaries, IRAs, IRA owners, financial services providers and other affected service providers the level of certainty that the rule is final and not subject to further modification without additional public notice and comment that will allow them to immediately resume and / or complete preparations for the provisions of the Rule and PTEs that will become applicable on June 9, 2017.
While a uniform
fiduciary standard would be disruptive to the retirement
plan industry in the short - term, I
believe it's in the best interest of all retirement
plan stakeholders — participants,
fiduciaries, and even financial advisors — in the long - term.
«While the Financial
Planning Coalition takes no view on a rule that has yet to be proposed, we
believe that the DOL should be allowed to proceed with its
fiduciary rulemaking process, including issuing a draft rule for public comment.»
However, consistent with the Rollover Opinion's reliance on the Supreme Court decision of Varity v. Howe [1], many
believed that an advisor engaged to provide
plan - level
fiduciary services, would not be acting as a
fiduciary when acting in a wholly separate non-
fiduciary capacity, such as selling personal rollover services unrelated to its status as a
plan fiduciary.
May 7, 2014 David Winters tells Fox Business» Maria Bartiromo he
believes that Warren Buffett and the Board of Directors at Coca - Cola have failed their
fiduciary duties to shareholders by allowing Coca - Cola's equity compensation
plan to pass.
«We
believe this solution can help empower the adviser and the consultant to fulfill their
fiduciary duties in areas such as
plan design and investment selection.