-
Join 234 other subscribers
Meta
-
Recent Posts
- Terminal Wealth: The True Fiduciary Prudence Paradigm with Regard to the In-Plan Annuity Scam
- Is the DOL/EBSA Trying to Serve Two Masters? ERISA Section 404(a)’s Independent Investigation and Evaluation Requirements and the DOL/EBSA Proposed Rule on Alternative Investments
- Much Ado About Nothing?: The DOL’s New Alternative Investment Rule vs. the Administrative Procedure Act
- Reasserting ERISA’s Private Enforcement Design: A Rebuttal to EBSA’s “Frivolous Litigation” Narrative
- When Income Is Not Enough: Why the Continued Inclusion of In-Plan Annuities May Breach ERISA Duties When Compared to Capital-Preserving Income Alternatives and Strategies
The Prudent Investment Adviser Rules
-
Join 234 other subscribers
Tag Archives: finance
Closing Argument: Humble Arithmetic, Common Sense, and Fiduciary Responsibility vs. In-Plan Annuities
“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.” – John Adams He fell at last a victim of the relentless ruless … Continue reading
3 Things Prudent Plan Sponsors Must Understand About President’s Trump’s Executive Order and Fiduciary Risk Management
James W. Watkins, III, J.D., CFP EmeritusTM, AWMA® President recently released an excutive order requesting that the DOL and other relevant regulatory bodies create guidelines and other measures, including safe harbors, that would allow plans to offer unnecessarily risk investments, … Continue reading
Posted in ERISA litigation, fiduciary liability, ERISA litigation, fiduciary duty, fiduciary liability, Fiduciary litigation, fiduciary prudence
Tagged 401k, defined contribution, ERISA, ERISA litigation, Executive Order, fiduciary liability, Fiduciary litigation, fiduciary loyalty, fiduciary responsibility, finance, investing, personal-finance, retirement, retirement planning
2 Comments
“And Their Beneficiaries”: Annuities, Commensurate Returns, and Fiduciary Liability
James W. Watkins, III, J.D., CFP EmeritusTM, AWMA® ERISA Section 404a-1 provides as follows: 2550.404a-1 Investment duties. (a) In general. Sections 404(a)(1)(A) and 404(a)(1)(B) of the Employee Retirement Income Security Act of 1974, as amended (ERISA or the Act) provide, … Continue reading
The Prudent Investment Fiduciary Rules 