Sentences with phrase «fiduciary over your retirement»

A broker or adviser who serves as a fiduciary over your retirement assets doesn't necessarily have to act in your best interest when managing your other assets; make sure you ask.

Not exact matches

Shorten told Nine last week that PHIs «are making 25 per cent profits» — which is just wrong (though why would we expect a former director of AustralianSuper with fiduciary duties over the nation's largest retirement fund to know the difference between a profit margin and a return on equity?)

Although the retirement industry has been moving toward fee neutrality over the last decade, it is this business model in which a non-fiduciary advisor is compensated by a plan provider that is most vulnerable to changes in the current DOL fiduciary rules.

«Last month, in the midst of uncertainty regarding whether the Trump administration would take actions to delay or roll back this rule, I wrote to over 30 leading finance companies regarding their commitment to helping workers save for retirement, their support for the DOL fiduciary rule, and their preparedness to comply with the rule in April,» Warren told Hugler in her Tuesday letter.

The DOL Fiduciary Rule is designed to regulate activities related to employer - sponsored plans and anyone who gives advice on retirement plans, including advice on rolling over or transferring a retirement plan to an IRA.