Posts tagged “Fiduciary Responsibility”
Doors to Swing Open for Alternative Investments
On Aug. 7, President Trump signed an executive order intended to expand retirement plan investments into “alternative” assets (including private equity and crypto). This executive order appears to mark a turning point in a campaign for these alternative assets to access the $30 trillion currently accumulated in the private (i.e., non-governmental) U.S. retirement system.
Court of Appeals Focuses on Indirect Compensation
Recent court decision reiterates that provider fees are reasonable only of fiduciaries understand all income received by a provider as the result of providing services to a plan.