Few are willing to acknowledge that if they cannot understand an investment product, then they won’t buy that product.
If fiduciaries at a nonprofit don’t understand how an alternative investment really works, how can they fulfill their duty to protect the interests and contributions of donors?
A continued examination of issues in the world of nonprofits.
Investments in private equity, venture capital, and certain other ‘alternative’ investments
can leave fiduciaries at nonprofits in a vulnerable position.
There are few things more rewarding in professional practice than explaining a certain plan investment concept to a participant and seeing the light bulb go on.
W. Scott Simon PBS’ Frontline broadcast a 1-hour program entitled “The Retirement Gamble” on April 23. Everyone under the sun in the retirement plan
W. Scott Simon “The End of Ethics,” by authors Theodore Roosevelt Malloch and Jordan D. Mamorsky, is a very interesting book and one well
…is not really a secret. Just a few important things that investors must keep in mind.
It’s a mindset of wanting to personally protect investors from unreasonable costs and unnecessary risks.
It appears that the DOL is on a mission to accommodate the business models of interest groups that just don’t want to be fiduciaries.
Recent lawsuit raises questions about a company providing its own products and services to its own employees in its own qualified retirement plans.
