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The 'Fiduciary' Fad: Can Anyone Be a Fiduciary?
Roland|Criss Link to more items from this source
Feb. 13, 2014
"The movement toward outsourcing fiduciary responsibility is not the problem. ERISA actually intended for plan sponsors to lean on vendors who are experts in their respective fields, to 'designate other persons to carry out fiduciary responsibilities...under the plan' [ERISA Section 405(c)(1)]. The issue is that the market of qualified outsourced fiduciary providers is becoming increasingly murky."

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