401(k) Fridays Podcast

Episode Summary If you have been involved in working with retirement benefit plans over the last several years, you have probably been told more times than you can remember that your 401(k) plan comes with fiduciary responsibility.  You also have likely noticed the proliferation of 401(k) lawsuits, and that the DOL has released their new Conflict of Interest rule which redefines how one can become a fiduciary.  With all of this going on, and the questions that have ensued, I thought it would be a good time to have Blaine AIkin, the Executive Chairman of Fi360, help provide some clarity.  Fi360 is the industry leader in providing fiduciary education and training to individuals and organizations in the financial services industry to develop prudent fiduciary practices and promote a fiduciary standard of care.  Our conversation covers how employers can use fiduciary safe harbors to limit their fiduciary liability, the importance of having your fiduciary processes nailed and things to do and not to do as a plan f