At FiduciaryShield, we want every financial advisor who oversees 401(k) plans for their clients as well as each plan sponsor who manages their own plan to offer the best possible product. We mean whether they choose to work with us or not. That’s why we offer these important tips to help financial advisors and plan […]
Five Benefits of Hiring a Full-Service Outsourced Administrative Fiduciary for Your 401(k) Plan
Business owners focus attention on fixing business problems and hire an advisor to fix financial one’s. And if you’re like everyone else in the business arena, you probably lose sleep over any number of these potential problems. Don’t let your 401(k) be among them. As either an employer sponsoring a 401(k) plan or a financial […]
401(k) Fiduciary Liability: Understanding the Role Service Providers Play
Do you know who the fiduciaries are on your 401(k) plan and what they’re responsible for? If you’re a business owner sponsoring a company retirement plan, the answer to this question had better be yes. That’s also true if you’re a financial advisor overseeing 401(k) plans for your business-owning clients. That’s because you’re liable for […]
Five Costly 401(k) Errors Employers Often Make
Offering a 401(k) can be a double-edged sword for business owners, at once attracting and keeping top talent while creating what is often an administrative nightmare for themselves. That doesn’t even take into account the heavy burden of being a fiduciary to a retirement plan. Because of these complications, business owners will most often either […]