Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

DC Plan Administrator

United Benefit Pensions Inc.
(Melville NY)

United Benefit Pensions Inc. logo

Relationship Manager

Compass Retirement Consulting Group, Inc./Compass 360, LLC
(Remote / Stratham NH / MA)

Compass Retirement Consulting Group, Inc./Compass 360, LLC logo

Loan and Distribution / Contribution Upload Specialist

Aimpoint Pension

Aimpoint Pension logo

Pension Administrator

National Administration, Inc.
(Remote / Menasha WI)

National Administration, Inc. logo

Pension Administrator

Actuaries Unlimited, Inc.

Actuaries Unlimited, Inc. logo

Defined Contribution Account Manager with a Life!

Nova 401(k) Associates
(Remote / Houston TX / Dallas TX / Scottsdale AZ)

Nova 401(k) Associates logo

Client Compliance Counsel

(Philadelphia PA / CT / DE / MA / NJ / NY / RI)

Gallagher logo

DC Plan Administrator

Farmer & Betts, Inc.
(Remote / CO / OR / WA)

Farmer & Betts, Inc. logo

Plan Compliance Analyst (Administrator)

(Remote / Falls Church VA)

RPA logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Senior Plan Document & Compliance Specialist

PCS Retirement, LLC

PCS Retirement, LLC logo

Relationship Manager - Retirement Plans

Spectrum Investment Advisors, Inc.
(Thiensville WI)

Spectrum Investment Advisors, Inc. logo

Retirement Plan Administrator

Excellent TPA

Associate Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.
(Tacoma WA)

Spectrum Pension Consultants, Inc. logo

Retirement Plan Administrator

Premier Plan Consultants
(Remote / San Diego CA)

Premier Plan Consultants logo

Senior Plan Consultant

Bidwell Consulting Services, Inc.
(Remote / Chico CA)

Bidwell Consulting Services, Inc. logo

Investment Advisor

SWBC Retirement Plan Services
(Austin TX)

SWBC Retirement Plan Services logo

Senior Plan Administrator

PCS Retirement, LLC

PCS Retirement, LLC logo

Retirement Plan Benefits Consultant

Compass Retirement Consulting Group
(Remote / Stratham NH)

Compass Retirement Consulting Group logo

Senior Retirement Account Representative

Ohio Pension Services
(Akron OH)

Ohio Pension Services logo

Legal Assistant/Paralegal

Witman Stadtmauer, P.A.
(Florham Park NJ)

Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.
(Remote / Tacoma WA)

Spectrum Pension Consultants, Inc. logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

Press Releases by Date   |   Press Releases by Company Name

View More Press Releases by Fiduciary Decisions

Press Release

Fiduciary Decisions Announces Redesigned User Experience for DOL PTE 2020-02 Solution

Issued by Fiduciary Decisions

Oct. 13, 2021

Tigard, OR -- Fiduciary Decisions (FDI) announced today that it will be launching a redesigned user experience for its DOL PTE 2020-02 full-service solution in advance of the DOL’s December 21st implementation deadline. A prototype is available for clients and prospects to view now. 

“Not surprisingly, the industry said it needed an easy, intuitive and fully configurable advisor interface given the deadline. In keeping with FDI’s history we responded with an enhanced solution keeping all the advantages of our current offering, including best-in-class benchmarking data in just a few months.” indicated Tom Kmak CEO of Fiduciary Decisions. 

Matt Golda, Chief Operating Officer at Fiduciary Decisions who is also leading the DOL PTE solution redesign efforts added, “We understand given the DOL’s implementation deadline and our clients’ need to tailor solutions to their specific business models that they will take a number of different approaches to complying which may include iterative implementations. We wanted to be able to support our clients regardless of their business model or implementation path.” 

The redesigned user experience includes the following key enhancements: 

  • Enhanced user experience enables an advisor to complete the simple process of documenting client interactions in just minutes 
  • Outsourced processing of investor 404a-5 or FDI’s industry best benchmark group data when the 404a-5 is unavailable 
  • All “from/to” account iterations including consideration of the new plan, where applicable 
  • The Best Interest disclosure is customizable 

To meet the DOL deadline, FDI offers two additional solutions for those firms that need an interim solution: 

  1. FDI Connect – to enhance existing workflows 
    • Components (data, method, and/or output) that can be incorporated into your existing rollover workflow 
    • Integration via flexible APIs 
  2. Plan Benchmarking data for when (not if) actual plan data isn’t available 
    • Avoid the use of stale/incomplete/unavailable public filing or crowd sourced plan data 
    • Plan benchmarking data is the next best option for use in meeting the PTE per the DOL

About Fiduciary Decisions:

Fiduciary Decisions is the industry leader for independent, comprehensive and actionable Value and Fee Benchmarking Services and offers innovative tools and solutions for the defined contribution space. Industry leading tools include the Business Management Dashboard – a next generation practice management platform for Broker Dealers and retirement plan advisors enabling them to manage their business more efficiently and effectively than ever before. The IRA Rollover Compliance solution helps service providers comply with DOL PTE 2020-02 and produce a client-ready output that documents their IRA rollover recommendations. Founded in 2008, the company works with many of the industry’s largest and most respected Recordkeepers, Broker/Dealers, Advisor/Consultants and Plan Sponsors. 

Learn more about IRA Rollover Compliance solutions at Fiduciary Decisions

View More Press Releases by Fiduciary Decisions

Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

© 2021, Inc.