K2retire Posted January 24, 2014 Posted January 24, 2014 I keep reading that fiduciary education, specifically educating plan committee members is the new, important process. I like the idea, but haven't seen any good resources about what should be covered. Can anyone point me to a good source for a starting point?
QDROphile Posted January 24, 2014 Posted January 24, 2014 The EBSA website has a lot of resources for fiduciaries and directed to fiduciaries. I don't know where one gets the idea there is anything new about the idea that fiduciaries need to know their responsibilities and that they would need education if they don't already understand them. Actually, I do. The DOL has been especially active on the issue of fees and expenses and making fiduciaries aware of responsibilities to understand fees and evaluate them. That has been coupled with efforts to make it more difficultt for providers to diguise fees.
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