Features
Spring Issue 2014 • Issue no. 6
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MERELY
FIDUCIARY
FAIRNESS
FOR DEFINED
CONTRIBUTION FEES
UNDERSTANDING
STEWARDSHIP
In this article, Don Trone discusses the
“Merely Fiduciary” standard of care and
how one needs to stop wanting to be
viewed as a fiduciary and begin to start
wanting to be viewed as a leaders.
Plan fiduciaries have already adopted a
deep responsibility, whether they fully
understand it or not.
Understanding investments is a good first
step to becoming a fiduciary. However,
investments are the easy part. It is the other
parts – the legal and ethical aspects to being
a fiduciary – which are more difficult to
manage.
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THE GOVERNMENT’S
ROLE IN THE
PENSION SYSTEM:
WHO IS IT HELPING?
In the context of the US pension plan
system, what started out as a framework
for the provision and funding of retirement
benefits, has evolved most recently into
a pattern of government assistance – but
to what end? Is it intended to benefit
the employees, the plan sponsors or the
government itself?
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