DirectAdvisors — CEFEX Video Podcast

DirectAdvisors — CEFEX Video Podcast

DirectAdvisors is proud to announce our first video podcast! We were excited to have Matt Boyle, Director of Operations at CEFEX, as our first guest. Matt spent a few minutes this afternoon speaking with DirectAdvisors’ Chief Investment Officer, Jeff Ricchiuti, on CEFEX certification — what it means, how it benefits our clients, and what the CEFEX process involves.

Fiduciary Liability Insurance vs. ERISA Fidelity Bonds

Fiduciary Liability Insurance vs. ERISA Fidelity Bonds

As you might be aware, fiduciary liability insurance and ERISA fidelity bonds are not one and the same. Both serve to mitigate risk for fiduciaries, and both are critical aspects of an employee benefit plan. However, it’s important to understand the differences between these two safety nets, as well as the degree to which your plan should be protected by each.

New Department of Labor E-Delivery Rules

New Department of Labor E-Delivery Rules

The preparation of retirement plan account statements has traditionally required a great deal of paper, ink, time, and money. Printed statements that are mailed to plan participants are not environmentally friendly, are less secure, require more staff labor, and add extra costs to the administration of a retirement plan. With that in mind, a new e-delivery rule from the Department of Labor (DOL) could benefit your plan in a variety of ways.

Retirement Plan Podcast Series #9 – What’s in an Adoption Agreement?

Retirement Plan Podcast Series #9 – What’s in an Adoption Agreement?

The adoption agreement is your guidebook on the features associated with your retirement plan, and is something you and your administrative team should be very familiar with. It is critical that you follow the rules in your adoption agreement to help ensure the Plan stays compliant.