Sentences with phrase «best interest of»

PSCA's expert analysis of the survey results helps plan sponsors make plan administration and investment decisions that are in the best interest of their participants.

Ms. Russell wrote with penetratingly keen insight, and as a result, I am much more cognizant of why policy makers in Canada defer in favour of the interests of multinational oil companies rather than making decisions that are in the best interest of the ordinary citizens of central and eastern Canada when it comes to oil security.

Starting Oct. 1, 2019, CFP ® professionals must act in the best interest of the client at all times when providing financial advice.

But under the Employee Retirement Income Security Act, which sets minimum standards for defined benefit and defined contribution retirement plans, and the IRS code, which oversees IRAs, a fiduciary advisor would be prohibited from earning commissions on investments for those accounts because that would not be considered to be acting in the best interest of the client.

It mandates that all who serve as fiduciaries — broker - dealers, investment advisors, insurance agents and the like — must act in the best interest of their clients.

The firm thinks it is in the best interest of Google that it puts in place more tools and techniques to give advertisers more control.

In cases of extreme business disruption where continuation of business may not be practical or in the best interest of the firm or its clients, we have implemented steps necessary to assure clients prompt access to their funds and securities.

It is in the best interest of the community as a whole to support startups in their journey.

Such actions include, but are not limited to, the halting of trading, modifying risk - mitigating parameters, restricting Trader access to GDAX or any other actions deemed to be in the best interest of the Exchange.

Brett Harris, a spokesman for Calgary - based Cenovus Energy Inc., a committed oil - sands shipper on the proposed pipeline, said the approval «is in the best interest of the industry, best interest of Canada and the best interest of the U.S. as well.

It should be an active decision to guard against risk and operate in the best interest of plan participants.

While acting in the best interest of participants is an ongoing commitment for plan sponsors, it never hurts to make sure they're honoring it.

And while we agree that lower fees are generally in the best interest of participants, choosing investment options purely based on costs is not.

But owning a home is not always in the best interest of everyone else's financial standing.

Saxo Bank will handle such Corporate Actions in the best interest of the client to the extent that time and operational procedures will allow.

The approach that would be in the best interest of all Canadians is one that would enhance savings opportunities for those who are most in need of assistance — without taking money out of the pockets of lower - income Canadians.

The actions, and in some cases the inactions of varying levels of government, have not been in the best interest of anyone in Alberta and Canada.

«When business owners sell their stock to an ESOP, the plan — and its trustees — are required to act in the best interest of the employees.

With the recognition that estate planning is a cooperative task, the Council started as, and continues to be, a carefully selected group of qualified specialists in their own fields who have the necessary knowledge and experience to accomplish the broad goal of estate planning for the best interest of the client and his or her beneficiaries.

«I'm pleased that President Obama is focused on putting forth rules to ensure that financial advisers are required to act in the best interest of middle class families, retirees and those saving for retirement,» she said.

Michael Tu, an attorney with the law firm representing Redstone, said in a statement that Redstone had taken «decisive and lawful action which he firmly believes is in the best interest of Viacom Inc. and its stockholders.»

They forgot that as government they need to serve the best interest of Albertans and sometimes that means making hard choices.

«Clients should be sure they are working with an advisor that is obligated to work in the best interest of the client,» says Alan Moore, certified financial planner with Serenity Financial Consulting LLC in Milwaukee, Wis..

That said, it is also in the best interest of Europe to make some concessions, so to avoid the contagion risks associated with a Greek exit from the eurozone.

This is the most legitimate concern over these structures in our view and while it could be a problem; these are more often the exception opposed to the rule simply due to the fact that markets will not invest in management teams that do not act in the best interest of the shareholders.

Efforts to compel all financial advisers to act in the best interest of their clients have been derailed — again.

Moreover, it is in the best interest of the users to not open or download attachments from unknown e-mail addresses as this is usually how ransomware spreads.

To start, there is absolute agreement that research that meets the fiduciary standard should be 100 % unconflicted and, inarguably, in the best interest of the client.

«Inarguably in the best interest of clients» means research has to be:

«As one of hundreds of cities currently vying for Amazon's HQ2, we believe it is in the best interest of Baltimore City and its residents to keep our competitive proposal confidential at this time,» Weller said in a statement.

Their role is to contribute their expertise in the best interest of financial consumers.

In short, research that meets the fiduciary duty of care should be 100 % un-conflicted and, inarguably, in the best interest of the client.

While the Department of Labor has not provided specific guidance about exactly how advisors fulfill fiduciary duties while making investment recommendations, we think it means advisors need to rely on research that is (1) un-conflicted and (2) inarguably in the best interest of clients.

Holding advisors to a fiduciary standard is in the best interest of investors.

«In the best interest of the people of my state, I have directed the Arizona Department of Transportation to suspend Uber's ability to test and operate autonomous vehicles on Arizona's public roadways,» Ducey wrote in his letter.

That binds the listing realtor by law to work in the best interest of the seller.

RIAs who do offer insurance solutions tend to work with a limited set of products, which may not be in the best interest of a client, he said.

• The fiduciary rule: This will go into effect June 9 and requires anyone working with retirement dollars to act in the best interest of the client at all times, and be able to prove it, or face possibility of a lawsuit.

The rule requires financial professions of all types, including brokers, financial advisors or wealth managers, to act as a fiduciary, meaning they must act in the best interest of their clients.

«It would really be in the best interest of US - Soviet relations if you meant to give the ring as a present,» Kraft has said he was told on the White House call.

«As we've said before, the CBS Corporation will always act in the best interest of all of its shareholders,» a company rep said in a statement.

«Canada believes NAFTA is in the best interest of our three countries and we are focused on deepening our trading relationship.

One of the five commissioners claims the SEC «squandered» an opportunity to act in the best interest of investors.

Concluded Ryvicker: «Given that CBS has been invited to the decision - making party, we are even more comfortable that whatever decision is reached will be in the best interest of CBS shareholders — whether that is: levering Viacom to purchase CBS at a premium, CBS purchasing Viacom at a discount, or CBS concluding that nothing can be done, therefore it will remain independent.»

These provisions in our amended and restated certificate of incorporation and amended and restated bylaws may discourage, delay or prevent a transaction involving a change in control of our company that is in the best interest of our minority stockholders.

Team leaders who negotiate effectively streamline the decision - making process, as well as solve problems for the best interest of everyone involved.

«Today, I'm calling on the Department of Labor to update the rules that advisors» use for retirement advice, so that advisors «put the best interest of their clients above their own,» Obama said in comments at AARP's Washington headquarters.

Said Ketchum: «I'm confident that each of the commissioners recognizes the importance of the SEC playing a central role in defining a best interest of the customer standard for the industry.»

Peck wrote in a report earlier this month that unless Mayer has the support of senior executives, employees, partners, and investors, then «a seamless transition to new leadership could be in the best interest of the company and shareholders.»

While the new DOL rules are principles based and do not provide discreet instructions as to what advisors should do to fulfill fiduciary duties, industry executive David Trainer said advisors can not lose with clients or regulators by incorporating research into their practice that is «inarguably in the best interest of clients.»