Commentary: 401(k)-plan fiduciary guidelines can raise questions

04/4/2013 | National Underwriter Life & Health

The U.S. Labor Department offers guidelines rather than specifics for 401(k)-plan fiduciaries, which can leave some wondering exactly how to fulfill their duties, Chris Carosa writes. Fiduciaries shouldn't think of 401(k) plan beneficiaries as "customers" who must always be right, and should instead act strictly in participants' best interests, Carosa writes.

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