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Conflicted Revenue Capture: How Revenue Sharing As a Profit Center Can Affect Plan Sponsors (PDF)
Securian Retirement
June 9, 2013 "Plan service providers who utilize Conflicted Revenue Capture create fiduciary traps for their clients, who are often lured by the promise of 'free' or very low perceived cost plan recordkeeping.... Conflicted Revenue Capture has been the subject of much litigation against both plan sponsors and service provides over the past decade, culminating in the recent case of Tussey v. ABB, Inc.... [P]ractical plan sponsor questions are presented along with a suggested fiduciary best practice." MORE >> |
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