Sentences with phrase «more fiduciary responsibility»

No more fiduciary responsibility for the dentist, baker, mechanic and restaurateur who want / need to offer employees a 401 (k) plan.

Not exact matches

«If the co-founder doesn't have the skills, experience, or mindset to scale, then it is the CEO's fiduciary responsibility to shareholders to place someone more qualified in the role.

Trump's campaign said in a statement that the candidate is «a highly - skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required.»

Others want to treat tech giants more as information fiduciaries, which have a legal responsibility to protect user data.

While Facebook was a publicly - traded company, with a fiduciary duty to its shareholders in 2014 to not have massive screwups and probably a lot more responsibility to keep this kind of information in check, it's hardly alone in that respect.

As a result, advisors have a fiduciary responsibility to analyze more than EPS.

As sponsors become more educated on plan expenses and fiduciary responsibilities, they continue to opt out of complex fee arrangements in favor of fully - disclosed, transparent fee arrangements.

Whether you are an enthusiastic advocate or a staunch traditionalist, wealth advisors — especially those with fiduciary responsibilities — have an obligation to get educated on the... Read more»

The role of subcustodian banks is becoming more rigorous in response to regulations that impose new fiduciary responsibilities and far greater liabilities on global custodians.

Fiduciary responsibility matters in financial services more than in any other product category outside of urgent medical care.

For do - it - yourself advisers, Model Market Center can save the time spent building models from scratch, so they can devote more time working with clients and financial planning, while retaining investment management fiduciary control and responsibility, flexibility, and trading discretion.

More importantly, the fact that they refuse to consider alternative solutions suggests a lack of fiduciary responsibility.

If I transfer assets out of the Plan and into an IRA I understand that: (i) those assets will no longer be subject to the protections of ERISA, (ii) I alone will be making investment decisions about those assets and will not be able to rely on the plan sponsor or any other person with ERISA fiduciary responsibilities, (iii) depending on the investments and services selected for the IRA, I may pay more in transaction costs than when the assets are in the Plan, and (iv) if I am between the age of 55 and 59.5, I would lose the ability to potentially take penalty - free withdrawals from the plan, (v) if I continue working past age 70.5 and transferred my plan assets to my new employer's plan, I would not be subject to required minimum distribution, and (iv) if I hold appreciated company stock, I understand any potential tax benefits that may have been available to me (e.g. net unrealized appreciation).

«In light of a stronger focus on fiduciary responsibilities, more than three - fourths (76 %) of survey respondents said they have implemented an investment policy statement, compared to 60 % in 2015,» researchers explain.

A greater focus on participant outcomes and their own fiduciary responsibilities may be leading more plan sponsors to adopt managed accounts for their retirement plans.

See DOL's Meeting Your Fiduciary Responsibilities and ERISA Fiduciary Advisor for more information.

Constitutes executive or management personnel or officers or employees who constitute professional staff to executive and management personnel, and the position involves one or more of the following: (a) setting the direction or control of a business, division, unit, or agency of a business; (b) a fiduciary responsibility to the employer; (c) access to customer, employee, or the employer's personal or financial information, other than information customarily provided in a retail transaction; (d) the authority to issue payments, collect debts, or enter contracts; or 2.

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.

More importantly, one can very easily make the argument that as civilization gradually shifts away from fossil fuel energy and towards renewable resources, it is imprudent — perhaps even a breach of fiduciary responsibility — to bet on the long - term financial viability of the fossil - fuel industry.

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.

Not that lawyers are inherently more ethical, just that there is a structure there, particularly around conflicts, confidentiality and fiduciary responsibilities.

While Facebook was a publicly - traded company, with a fiduciary duty to its shareholders in 2014 to not have massive screwups and probably a lot more responsibility to keep this kind of information in check, it's hardly alone in that respect.

Considering the ballooning budget on something like the California high speed rail project, the Webb seems like an example of extreme fiduciary responsibility, and Congress knows to haggle, delay further or cut corners will merely cost it more in the long run.

To effectively execute the riskier role of dual agent and discharge your professional fiduciary responsibilities correctly, you must do more work, provide more disclosure, carefully and cautiously communicate and mediate between and expertly advise more client parties and create and manage more documents than if a co-operating brokerage is involved.

By Barry Lebow Buyer brokerage is one of the fastest growing real estate specialties because more and more homebuyers want the services of an agent who owes them full fiduciary responsibilities, duties and loyalty.

Anything less, in my opinion, is a breach of our fiduciary responsibility and is more worthy of a complaint to the Board, than a generous commission.

It is sad to think that after wannabe - real - estate - salespersons students have successfully passed their exams, that thereupon entering their fields of dreams, licenses in hand and managers earnestly pushing for listings, that these same said newbies do not seem to understand (or put into practice) what the meaning of fiduciary responsibility to ones» clients entails unless it is explained via more paperwork.