Sentences with phrase «fiduciary responsibility under»

The Six Core Fiduciary Duties embody the major elements of fiduciary responsibility under the Advisers Act of 1940.

Plan sponsors have a fiduciary responsibility under ERISA to determine if the fees paid by a plan to its service providers are both reasonable and necessary.

A series of seminars and webcasts that educate plan sponsors about their fiduciary responsibilities under ERISA.

Not exact matches

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.

Under the Conservatives, senior Whitehall officials would be judged on their financial performance, and all senior civil servants would have a fiduciary responsibility to act in the interest of the taxpayer.

Because an agent has a fiduciary responsibility to a client under agency law (not literary agency law, but laws governing anyone who calls themselves an agent [from insurance agent to real estate agent to literary agent]-RRB-, the agent must allow an audit if requested — at least in most state laws as I understand them.

Such voting responsibilities will be exercised in a manner that is consistent with the general antifraud provisions of the Advisers Act, as well as Broad Run's fiduciary duties under federal and state law to act in the best interest of its clients.

For instead of allowing the institutions that made risky loans and failed in their fiduciary responsibilities to go under as part of capitalism's «creative destruction,» the bad actors were rescued with government funds and rewarded with taxpayer bailouts — socialism for the wealthy.

Under these circumstances, it is the fiduciary responsibility of the company's directors as well as of the trustees of its controlling shareholder to act in the interest of those who rely upon them to assure the competent management of Dover Motorsports.

Corporations operating under only their fiduciary responsibility might choose to produce more fuel and «take food off the tables of many» whose starvation won't affect their profit.

In recent years, he has lectured and advised clients on fiduciary responsibility to include compliance under ERISA Sections 404, 406 and 408.

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.

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.

Classifications and terminology regarding these duties, generally fall under the term fiduciary responsibilities and vary somewhat in printed materials.

It's part of our fiduciary responsibility and our obligations under our «Exclusive Right To Sell» contract, that we get our owner's home listed on as many search engines as we can.

These types of agents owe a fiduciary responsibility to the seller under a listing agreement and must protect that interest.