Have Provider Practices Hindered Your Fiduciary Duties?

In recent weeks, a couple of advisors have written to share experiences with provider charges that could create something of a fiduciary quandry.

One of those issues involved charging to replace or remove funds from a 401k, which of course, adds an additional cost consideration to the fiduciary’s decision to make fund menu changes, certainly if – as in this case – the charge was relatively significant.

This week, we’d like to know – and give you a chance to share your experience.

Question Title

1. Have you been confronted with restrictions – timing or pricing or something else – that hindered (or threatened to hinder) your acts as a plan advisor and/or plan fiduciary?

Question Title

2. If so, what did you do in response?

Question Title

3. One of those issues involved charging to replace or remove funds from a 401k.  Have you experienced this with any of the providers you work with?

Question Title

4. What, if any, other issues have you encountered in provider pricing/practice that hindered the exercise of your fiduciary duties?

Question Title

5. Any other comments about provider pricing, provider practices, or the impact of provider pricing and/or practices on fiduciary duties, or life in general?

Question Title

6. What is your role working with retirement plans?

Question Title

7. What size plans do you PRIMARILY work with?

Question Title

8. Suggestions for future survey questions?

Question Title

9. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...

( Privacy & Cookie Notice

T