AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Bates & Company, Inc.
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Does Your Investment Fiduciary Have Your Back?
ForUsAll Jan. 25, 2018 "A 3(21) fiduciary is a co-fiduciary. That means the employer is still responsible for making the final investment decisions, and bears liability for those decisions.... When you hire a 3(38), you aren't presented with fund recommendations that you must ultimately approve. The 3(38) fiduciary selects and monitors the funds, even removing managers when necessary. Unlike the 3(21), the 3(38) bears the investment risk." |
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