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Investment Advisers Can Help Plan Sponsors Become Better Fiduciaries (PDF)
Deborah A. Castellani, CFA, via NAPFA Advisor Aug. 17, 2014
"Many plan sponsors rely on and often have been 'educated' by non-fiduciaries like securities brokers or record-keepers who don't know what it's like to be a fiduciary. Because they aren't fiduciaries, their advice about what a fiduciary must do is often flawed and incomplete....There are many ways that, as an investment fiduciary. you can support plan sponsors without accidentally creating compliance issues of your own.... You're a full-time fiduciary and understand the problems, issues, mindset, and, in some ways, how to make the process easier for them."
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