MORNINGSTAR COLUMNS
A Closer Look at the Fiduciary Governance Structure in Tussey v. ABB
How plan sponsors choose to delegate responsibilities can impact their degree of liability.
How to Properly Mitigate Risk for Plan Fiduciaries
W. Scott Simon In this month’s column, I continue to mine the riches provided by federal district court judge Nanette Laughrey in her 81-
An Alternative to a Bundled Retirement Plan
A solution where different entities provide different plan services to a plan has the double-barreled virtues of looking like a bundled plan, without actually being a bundled plan.
Case Shines Spotlight on Bundled Retirement Plans
Plan sponsors may find it more difficult to mitigate the risk of its fiduciaries and to offer plan participants institutionally priced investment options with a product-driven bundled plan solution, writes Scott Simon.
Revenue Sharing on Trial
The answer to the complexity, inefficiency, and unnecessarily expensive practice of revenue-sharing so well exposed in Tussey v. ABB is to simply do away with revenue- sharing, writes W. Scott Simon.
The Great Compromise to the Fiduciary Debate
The best way to resolve the fiduciary dilemma lies in subjecting both RIAs and broker/dealers to the ‘sole interest’ fiduciary standard of care found in ERISA, argues W. Scott Simon.
The Logical Inconsistency of a Broker Fiduciary Standard
Serving two masters in the realm of financial services is impossible, argues W. Scott Simon.
A Closer Look at the Braden v. Wal-Mart Case
A poster child for the way in which a 401(k) plan should not be run.
Discretionary Trustees vs. Directed Trustees
The perception that trust companies and other such entities ordinarily provide legal protection to plan sponsors for the selection, monitoring, and replacement of plan assets is wrong.
A Closer Look at Fiduciary Status Under ERISA
Get the details on plan sponsors as default fiduciaries and how ERISA fiduciary status is determined.