Tag: Fiduciary responsibility

What You Don’t Know Can Hurt You: Many Business Owners Offering 401(k) Plans Fail to Meet Fiduciary Duties

Business owners and financial advisors have become increasingly wary of the responsibilities they take on when offering 401(k) and 403(b) retirement plans. That’s thanks to the Department of Labor shining a light on what “fiduciary duties” means and the liability those duties create. It’s understandable. These changes caused giants in the industry — among them […]