Fiduciaries need to question their existing and potential investments--let's examine David Witz's 6 questions a fiduciary must ask, especially in light of Tussey v. ABB.

The Department of Labor’s most recent fiduciary proposal seeking to limit conflicts of interest in providing retirement advice has been stayed nationally by a Texas district court; now a government ...

The 4-year-old case alleged that the financial institution mismanaged its $440 million employee retirement plan with underperforming funds that had higher fees than comparative funds in the market.

AN ACT relating to the fiduciary duty and proxy voting activities of public retirement systems. Section 1. Definitions. a) “Fiduciary” includes any person acting on behalf of the [state ...

Young noted that such care for its mutual funds, however, is not sufficient to rebut the plaintiff’s claims of breach of fiduciary duty with respect to the plan. “Although Putnam is a defendant in the ...

Two participants in a 401(k) plan administered by Northern Trust Co. sued the company and fiduciaries, claiming ERISA violations in the plan's use of a proprietary target-date series. The lawsuit ...

The U.K.'s Local Government Pension Scheme is exempt from Competition and Markets Authority regulations providing guidance to help trustees run the bidding processes for consultants and fiduciary ...

11 Questions to Ask When Choosing a Fiduciary Adviser. ... bonds and mutual funds. ... The firm is not affiliated with the U.S. government or any governmental agency.

Mutual fund providers sought to use digital platforms as new distribution channels for their funds, but new guidance upends a strategy that would rely only on proprietary products.