By

Craig Franke
It’s easy to misunderstand the term “fiduciary” (after all, the word has five syllables). A quick Google search will tell you that a fiduciary is a person or organization that has been entrusted to act on the behalf of someone else and is legally bound to act in their best interest. What does that mean...
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3(16) fiduciary service definitions vary widely across the retirement plan marketplace. To ensure business owners are getting the services they want and need, it’s important they ask the right questions as they navigate the buying process. To help, we’ve compiled a list of questions for employers to ask potential 3(16) fiduciaries on the journey to...
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3(16) fiduciary services are rapidly gaining popularity in the retirement industry. But why? What do these services entail? Are they worth the investment for plan sponsors? We’ll cover these topics in the following post. What are 3(16) fiduciary services? When a business owner sets up a retirement plan, they are held legally responsible for the...
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