Erisa Investment Advice

Marsh Launches Comprehensive Risk Transfer Solution To Rising Wage And Hour Claim Exposure
With the number of wage and hour claims against employers on the rise, Marsh today announced the availability of a new, comprehensive insurance solution that reimburses companies f ... Read News

Client Action Bulletin 11-12: DOL Issues Final Rule On ...
ERISA generally prohibits investment advisers from recommending investments to retirement plan providing investment advice from qualified fiduciary advisers under an “eligible investment advice arrangement” (see . Client Action Bulletin 07-05). ... Fetch Here

“in connection with investment advice arrangements that use computer models, that a computer model shall be designed and operated to avoid investment recommendations that inappropriately distinguish among Investment Manager – ERISA §3 ... Read Document

ERISA FIDUCIARY RESPONSIBILITY - The Center For Due Diligence
Of independent investment advisors, whose compensation is not affected by the advice given. In fact, ERISA section 406(b) specifically prohibits a person from giving investment advice • A description of the investment advice process to be followed by the candidate, including: ... Retrieve Doc

ERISA PLAN ADVISORY AGREEMENT - Fiduciary Plan Review ...
ERISA PLAN ADVISORY AGREEMENT. Plan Sponsor: _____ [Name] (“ERISA”), solely with respect to the provision of investment advice as that term is defined under ERISA and will serve as an “investment manager” as defined in Section 3(38) of ERISA. ... View Full Source

ERISA Audit Enhancement Program From CJM Fiscal - YouTube
As you are probably aware over one-third of ERISA audits are inadequate. 6:00 Watch Later Error Investment Advice Regulations - DeWitt Ross & Stevens by dewittrossstevens 24 views; 5:08 Watch Later Error Attorney Lonnie Roach - "What is ERISA?" ... View Video

The DOL’s 408(B)(2) Regulation: Impact On Registered ...
> If they provide “direct” investment advice (discretionary or nondiscretionary) as ERISA § 3(21) or as an investment adviser registered under the ‘40 Act (or state law). If both, then both must be disclosed. 7 Client Alert August 2010 ... Fetch Here

Summary Of Investment Advice Regulations
The prohibited transaction rules apply to investment advice provided to participants in ERISA-covered individual account plans as well as advice provided to investment advice must be implemented “solely at the direction of the recipient of the advice.” ... Read Here

Talk:401(k)/Archive 1 - Wikipedia, The Free Encyclopedia
I mean, ERISA doesn't extend to any loss of value of investment securities in a 401(k), (per my accountant's advice), "And while ERISA (Employee Retirement Income Security Act of 1974) ... Read Article

Investment Outsourcing - Wikipedia, The Free Encyclopedia
In the early 1970s, as corporate pension plans were implementing ERISA, investment consulting firms came of age. advisory-only model for delivering investment advice. The consultants made recommendations, but the clients decided what to do. ... Read Article

Gives investment advice to the plan or a plan participant for a fee. ERISA requires that the plan have at least one fiduciary (either a person or investment returns. An ERISA fiduciary’s investment management function includes ... Access Doc

Legal Alert: DOL Issues ERISA Opinions On Investment Issues
DOL Issues ERISA Opinions on Investment Issues The Department of Labor has released two advisory opinions addressing the permissibility of certain investment fund even though an affiliate is providing investment advice for a fee to plan participants. ... View Document

Managing ERISA Fiduciary Risk A Sea Of Change
–the investment advice they provide is based on a computer model • A ERISA Section 3(38) investment manager has been properly appointed; • The plan document requires the directed trustee to follow the instructions of a named fiduciary; ... Read Full Source

What You Should Know About Fiduciary Status Under EriSA
1Employee retirement Income Security Act of 1974 2 For plan sponsor and financial professional use only. 3 ErISA dEFInItIon oF FIduCIArY Who is an ERISA fiduciary? investment advice regarding the plan’s investment options for a fee. 5 ... Retrieve Content

DEPARTMENT OF LABOR PROPOSES EXPANDED DEFINITION OF ...
Within the meaning of Section 3(21) of the Employee Retirement Income Security Act of 1974 (ERISA), renders investment advice, and is deemed to be a fiduciary, to the extent that he both— (I) engages in one of the following three services: ... Access Doc

What You Know About The New Fee Disclosure Rule Under ERISA
Under ERISA §408(b)(2), a prohibited transaction will not occur if the contract or and opinions provided may not be relied upon as investment advice and may change without notice. Statements of fact are from sources considered reliable but no ... View Full Source

WE UNDERSTAND WHAT YOU’RE WORKING FOR
He Employee Retirement Income Security Act of 1974, more commonly referred to as ERISA, was enacted to protect participants’ retirement savings. provide) investment advice with respect to plan assets for compensation, such as commissions ... View Full Source

What Is The Difference Between A Fee-Only Financial Advisor ...
Investment fees; Definition: This means they represent you and your interests when giving you advice. After all, think about where someone's paycheck comes from, and that will tell you quite a bit about where their loyalty lies. ... Read Article

Using ERISA’s New Default-investment Rule To Avoid ...
Using ERISA’s new default-investment rule to avoid liability for participants’failures to choose investments your plan or your investment-advice business. Fiduciary Guidance Counsel is available to render a written opinion that a particular plan’s use of a ... Retrieve Full Source

The Fiduciary Trend: The Combined Effects Of The Proposed ...
A discussion of the DOL's new proposed regulation on fiduciary investment advice and the DOL's 408(b)(2) regulation. What are the specific ERISA provisions? What are the consequences? Category: Education. Tags: fiduciary; 408(b)(2) SEC; FINRA; disclosure; finance; investment; advice; advisor; ... View Video

TITLE
A person who renders advice to an ERISA plan is a fiduciary if the person advises on the value of investments and makes recommendations and has discretion concerning the purchase and sale of plan investments. Prior to the initial provision of investment advice, ... Retrieve Document

ASPPA Testifies On Definition Of Fiduciary - YouTube
February 28, 2011—What constitutes investment advice under ERISA (Employee Retirement Income Security Act)? The U.S. Department of Labor is revisiting the 35 year old ... View Video

ERISA Fiduciaries, 401(k) Fee Litigation (A0018242)
ERISA FIDUCIARIES, 401(k) FEE LITIGATION, AND OTHER SIGNIFICANT ERISA CASES September 2008 by: Marcia S. Wagner, Esq. The Wagner Law Group will consist of individualized investment advice to the plan based on its particular needs. The ... Read Here