Not exact matches
The people who have
fiduciary responsibility will be able to decide
which objectives or functions of the business are most critical.
Others want to treat tech giants more as information
fiduciaries,
which have a legal
responsibility to protect user data.
Chetney expects much of the demand for the new Morningstar service will come from independent broker - dealers such as LPL, Commonwealth Financial Network and Cambridge Investment Research,
which could mandate that their advisors use a third party to assume the
fiduciary responsibility for defined contribution plans.
Beginning early next year, Morningstar will offer a way for broker - dealers to offload the
fiduciary responsibility of managing 401 (k) plans,
which is mandated by the DOL rule that starts to take effect in April.
This report seeks to identify
which financial managers are exercising their
fiduciary responsibility and voting against these excessive payments.
In a reversal of roles, New York is urging the National Association of Insurance Commissioners to adopt the state's new best interest regulation,
which extends
fiduciary responsibility to life insurance.
They were often small partnerships,
which meant that the partners had a strong sense of personal
responsibility and
fiduciary duty to their clients.
Performing an annual review helps confirm that a plan is meeting applicable requirements under the Employee Retirement Income Security Act of 1974 («ERISA») and related Internal Revenue Service (IRS) and Department of Labor (DOL) regulations and guidance,
which is one of the essential
responsibilities ofa plan
fiduciary.
For example, some firms offer what are known as 3 (38) investment
fiduciary services (named for the relevant ERISA section 3 (38)-RRB-, pursuant to
which responsibility for choosing and altering a plan's investments is outsourced to registered investment advisors.
They are a privately held org
which has a
fiduciary responsibility to maximize profits for it's shareholders first & foremost.
At this time, the U.S. corporate tax rate is 35 %
which is the highest in the world and since their
fiduciary responsibility is to their stockholders, corporations might indeed need to find ways to save money.
If you use an investment advisor, look for one with a
fiduciary responsibility,
which legally requires the advisor to act in your best interest.
Most funds with share classes from A to R5 can have some element of revenue - sharing, where fees can be taken from investments to pay commissions for the services of third - party providers — some of
which may not have a
fiduciary responsibility or legal obligation to act in the participants» best interests.
I'm a CERTIFIED FINANCIAL PLANNER ™ practitioner,
which means I have a
fiduciary responsibility to do what's in your best interest — and you know I would do so anyway!
Many in the Cooper Union community feel that the meritocracy created when students are allowed to study with no
fiduciary responsibility between themselves, their peers, and the educators is unmatched and central to that
which makes the school stand apart from other small colleges.
But the Anderson Center's
fiduciary responsibility is to get as much money from its windfall as possible,
which Christie's is likely to pull off.
But I wondered if perhaps one was not officially a member of the board until signing forms acknowledging
fiduciary responsibility, or some such,
which might take place at a more formal setting.
The complaint accused the former employee of breach of contract,
which set off alternating counter suits that ranged from failure to meet
fiduciary responsibilities to libel to fraud.
Rachel E. Radspinner concentrates her practice in the administration of trusts and estates,
which includes advising
fiduciaries regarding their powers and
responsibilities, guiding
fiduciaries through the intricacies inherent in those tasks, and protecting executors, trustees and conservators from liability by ensuring full compliance with their statutory duties and their obligations under the governing will or trust document.
The solicitor - client relationship thus created is, however, overlaid with certain
fiduciary responsibilities,
which are imposed as a matter of law.
If the plan documents under
which the group health plan was established and is maintained permit, the named
fiduciary may delegate certain
responsibilities to trustees and may hire advisors to assist it in carrying out its functions.
The question arises of how the government of Canada could fulfil its
fiduciary responsibility in treaties in
which Crown officials had Indigenous negotiators sign documents that extinguished Indigenous rights?
We have a
fiduciary responsibility to our clients,
which means that we need to develop of level of trust and a level of understanding.
The Sectional Title Act does not specify that owners have a
fiduciary responsibility in the sectional title scheme in
which they live, but owners should take an interest in their scheme, they should ask about the financials and if meetings are not held, they should question why.
Buyer agency is defined as follows: A principal agent relationship in
which the broker is the agent for a buyer, with
fiduciary responsibilities to the buyer.