John Resurreccion, previously Retirement Services Manager for Index Funds Advisors, talks to Tom about fiduciary responsibility and liability. Lawsuits have been filed against several large companies in the recent past for breaching fiduciary duties with retirement plans. It’s important to learn the right lessons from these lawsuits by understanding fiduciary responsibility, fees, transparency, and process. See related content: Show 28-1, Show 28-2, Show 28-3. Also see Show 26-1, Show 26-2, Show 26-3. Also see this article for more information about the fiduciaries.
Fiduciary Liability