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072: Dropping the unsuitable 'F-Bomb' – Fiduciary
Episode 7213th March 2017 • unsuitable on Rea Radio • Rea & Associates
00:00:00 00:23:58

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Darlene Finzer and Paul McEwan, principals and benefit plan experts at Rea & Associates join Dave on this episode of unsuitable to talk about the “F word” all plan sponsors should be acutely aware of – fiduciary. In recent years, there has been more mainstream attention to the role and requirements of a fiduciary, which have been largely the result of an increasing number of lawsuits. The duo will explain the overarching responsibility of a fiduciary and why it is essential for this individual to put their clients’ interests ahead of all others and how doing so can benefit the business. Listen to episode 72, dropping the unsuitable ‘f-bomb’ – fiduciary, to discover: • The risks placed on fiduciaries and businesses as a result of conflicts of interests. • What the future holds for fiduciaries and the people they serve. • Where you can find help. Listeners will also learn more about the new fiduciary regulation that’s scheduled to take effect in April and what it will mean for you and your business. Additionally, Darlene and Paul will talk about the recent White House memo from President Donald Trump that was sent to the Department of Labor that requested the department to review the fiduciary role and how fiduciaries can help retirement plan participants better prepare for retirement while receiving investment advice for a more reasonable fee. Get more great insight from retirement plan and fiduciary experts from Rea & Associates, a Top 100 CPA and business consulting firm. Check out some of the excellent resources we’ve put together for you on our website at http://www.reacpa.com/podcast. Also, if you liked this episode of unsuitable on Rea Radio, let us know by hitting the like button or by sharing it with your followers on social media. You can also use #ReaRadio to join the conversation on Facebook and Twitter. You can also subscribe to unsuitable on Rea Radio on SoundCloud and iTunes and get great episodes delivered to your inbox every week. There are a variety of great episodes designed to help all types of businesses, so it’s likely that you will find some incredibly valuable information at your fingertips. Thanks for listening!

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