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	<title>The 401(k) Fiduciary Advice Blog &#187; 401k advice regulation</title>
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	<link>http://bemanaged.com/blog/</link>
	<description>401(k) Participant Advice Best Practices for Employers and Advisors, 401(k) Investing Tips and Insight for 401(k) Investors</description>
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		<title>(Podcast) 401(k) Participant Advice Best Practices on Talk 401(k) with Don Davidson</title>
		<link>http://bemanaged.com/2010/08/31/podcast-401k-participant-advice-best-practices-on-talk-401k-with-don-davidson/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=podcast-401k-participant-advice-best-practices-on-talk-401k-with-don-davidson</link>
		<comments>http://bemanaged.com/2010/08/31/podcast-401k-participant-advice-best-practices-on-talk-401k-with-don-davidson/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 19:50:52 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[401k fiduciary]]></category>
		<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k advice regulation]]></category>
		<category><![CDATA[BeManaged]]></category>
		<category><![CDATA[Chad Griffeth]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/08/31/podcast-401k-participant-advice-best-practices-on-talk-401k-with-don-davidson/</guid>
		<description><![CDATA[I was fortunate enough to be interviewed by Don Davidson of Manarin Investment Counsel for his Talk 401(k) podcast. While Don does an excellent job with this, I cannot say the same for myself. Therefore, if you are willing to overlook my stammerings (I was surprisingly nervous), the information might be helpful to you. Some of the topics included in the conversation include:

What is the difference between advice and guidance?
What is the liability for employers to provide advice to their participants?
The PPA Level Fee requirement
Why advice needs to be ongoing
Advice v. managed accounts
Technology and its impact on participant engagement]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/08/31/podcast-401k-participant-advice-best-practices-on-talk-401k-with-don-davidson/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Conversation on 401(k) Advice vs. Guidance &#8211; PPA Fiduciary Adviser v. The DoL 96-1 Opinion</title>
		<link>http://bemanaged.com/2010/08/02/a-conversation-on-401k-advice-vs-guidance-ppa-fiduciary-adviser-v-the-dol-96-1-opinion/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=a-conversation-on-401k-advice-vs-guidance-ppa-fiduciary-adviser-v-the-dol-96-1-opinion</link>
		<comments>http://bemanaged.com/2010/08/02/a-conversation-on-401k-advice-vs-guidance-ppa-fiduciary-adviser-v-the-dol-96-1-opinion/#comments</comments>
		<pubDate>Mon, 02 Aug 2010 21:03:15 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k fiduciary]]></category>
		<category><![CDATA[Advice Regulations]]></category>
		<category><![CDATA[Asset Allocation]]></category>
		<category><![CDATA[Managed Accounts]]></category>
		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[fiduciary education]]></category>
		<category><![CDATA[401k advice regulation]]></category>
		<category><![CDATA[BeManaged]]></category>
		<category><![CDATA[Fiduciary Adviser]]></category>
		<category><![CDATA[investment behavior]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/08/02/a-conversation-on-401k-advice-vs-guidance-ppa-fiduciary-adviser-v-the-dol-96-1-opinion/</guid>
		<description><![CDATA[When marketing our services to companies sponsoring 401(k) plans, we will often face confusion as to what is truly being offered to participants, guidance or advice. The reason being that the word advice has been used liberally by brokers, advisors, and service providers. Unfortunately, that will sometimes lead to companies assuming their participants are receiving the advice they need, rather than knowing what is actually taking place in those education meetings and any 1on1 interactions that follow. The guidance versus advice being so unclear, that the following is a mock conversation designed to educate plan sponsors and advisors as to what is and isn't, should and shouldn't, be taking place with participants so to protect the plan sponsor from fiduciary liability:]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/08/02/a-conversation-on-401k-advice-vs-guidance-ppa-fiduciary-adviser-v-the-dol-96-1-opinion/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>4 Ways the New 408(b)2 Disclosure Regulations Will Benefit Plan Sponsors</title>
		<link>http://bemanaged.com/2010/07/26/4-ways-the-new-408b2-disclosure-regulations-will-benefit-plan-sponsors/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=4-ways-the-new-408b2-disclosure-regulations-will-benefit-plan-sponsors</link>
		<comments>http://bemanaged.com/2010/07/26/4-ways-the-new-408b2-disclosure-regulations-will-benefit-plan-sponsors/#comments</comments>
		<pubDate>Mon, 26 Jul 2010 19:26:06 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k fiduciary]]></category>
		<category><![CDATA[Advice Regulations]]></category>
		<category><![CDATA[conflicts of interest]]></category>
		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[fiduciary education]]></category>
		<category><![CDATA[401k advice regulation]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/07/26/4-ways-the-new-408b2-disclosure-regulations-will-benefit-plan-sponsors/</guid>
		<description><![CDATA[The new 408(b)2 disclosure regs have been long awaited, and present a great opportunity for companies to better understand and benchmark the fees associated with their 401(k) provider. Additionally, it will be require 401(k) service providers to better articulate value in light of the fees they charge. ERISA requires plan fiduciaries to review the fee structure of, and I paraphrase, "reasonable fees for reasonable service."]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/07/26/4-ways-the-new-408b2-disclosure-regulations-will-benefit-plan-sponsors/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
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		<title>BeManaged Cited in Congressional Testimony Regarding 401(k) Advice</title>
		<link>http://bemanaged.com/2010/07/07/bemanaged-cited-in-congressional-testimony-regarding-401k-advice/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=bemanaged-cited-in-congressional-testimony-regarding-401k-advice</link>
		<comments>http://bemanaged.com/2010/07/07/bemanaged-cited-in-congressional-testimony-regarding-401k-advice/#comments</comments>
		<pubDate>Wed, 07 Jul 2010 12:34:24 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k fiduciary]]></category>
		<category><![CDATA[Advice Regulations]]></category>
		<category><![CDATA[BeManaged]]></category>
		<category><![CDATA[Managed Accounts]]></category>
		<category><![CDATA[conflicts of interest]]></category>
		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[fiduciary education]]></category>
		<category><![CDATA[401k advice regulation]]></category>
		<category><![CDATA[Chad Griffeth]]></category>
		<category><![CDATA[Fiduciary Adviser]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/07/07/bemanaged-cited-in-congressional-testimony-regarding-401k-advice/</guid>
		<description><![CDATA[Our friend Matthew Hutcheson, Independent Fiduciary, recently conducted testimony with the Congressional Ways and Means Committee. The goal of the testimony was to discuss the need for fiduciary best practices to continue to be reinforced with 401(k) plan sponsors as well as avoiding the potential conflicts of interest inherent to the broker dealer model. ]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/07/07/bemanaged-cited-in-congressional-testimony-regarding-401k-advice/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Thoughts on 401(k) Advice Session from fi360 National Conference (Presentation Included)</title>
		<link>http://bemanaged.com/2010/05/13/thoughts-on-401k-advice-session-from-fi360-national-conference-presentation-included/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=thoughts-on-401k-advice-session-from-fi360-national-conference-presentation-included</link>
		<comments>http://bemanaged.com/2010/05/13/thoughts-on-401k-advice-session-from-fi360-national-conference-presentation-included/#comments</comments>
		<pubDate>Thu, 13 May 2010 15:18:51 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k fiduciary]]></category>
		<category><![CDATA[Advice Regulations]]></category>
		<category><![CDATA[Managed Accounts]]></category>
		<category><![CDATA[fiduciary education]]></category>
		<category><![CDATA[401k advice regulation]]></category>
		<category><![CDATA[BeManaged]]></category>
		<category><![CDATA[Chad Griffeth]]></category>
		<category><![CDATA[fi360]]></category>
		<category><![CDATA[Fiduciary Adviser]]></category>
		<category><![CDATA[Jason Roberts]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/05/13/thoughts-on-401k-advice-session-from-fi360-national-conference-presentation-included/</guid>
		<description><![CDATA[For the third straight year, I attended the fi360 National Conference, the premier fiduciary-focused conference in the nation. The sessions were outstanding, focusing on the many changes taking place within the retirement plan industry, including those proposed for 401(k) advice. I was fortunate enough to be able to speak on an esteemed panel regarding the topic to a packed house of concerned advisors and retirement plan providers. Here are some key points that were discussed:]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/05/13/thoughts-on-401k-advice-session-from-fi360-national-conference-presentation-included/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>DoL to Issue New 401(k) Advice Rule Potentially by the Fall</title>
		<link>http://bemanaged.com/2010/05/12/dol-to-issue-new-401k-advice-rule-potentially-by-the-fall/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=dol-to-issue-new-401k-advice-rule-potentially-by-the-fall</link>
		<comments>http://bemanaged.com/2010/05/12/dol-to-issue-new-401k-advice-rule-potentially-by-the-fall/#comments</comments>
		<pubDate>Wed, 12 May 2010 12:20:04 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k fiduciary]]></category>
		<category><![CDATA[Advice Regulations]]></category>
		<category><![CDATA[Managed Accounts]]></category>
		<category><![CDATA[conflicts of interest]]></category>
		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[fiduciary education]]></category>
		<category><![CDATA[401k advice regulation]]></category>
		<category><![CDATA[Fiduciary Adviser]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/05/12/dol-to-issue-new-401k-advice-rule-potentially-by-the-fall/</guid>
		<description><![CDATA[The comment period for the DoL's new 401(k) advice period ended on March 5th, and the 70 response letters will be under consideration by the Employee Benefits Security Administration. Financial-Planning.com reported that the Department could have the rule on advice finalized as soon as this fall. Though it might end up being four years since the PPA was passed before this rule is finalized, it should be worth the wait for 401(k) investors due to its conflict-free, fiduciary approach. ]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/05/12/dol-to-issue-new-401k-advice-rule-potentially-by-the-fall/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>BeManaged Featured in May Edition of Financial Advisor Magazine</title>
		<link>http://bemanaged.com/2010/05/10/bemanaged-featured-in-may-edition-of-financial-advisor-magazine/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=bemanaged-featured-in-may-edition-of-financial-advisor-magazine</link>
		<comments>http://bemanaged.com/2010/05/10/bemanaged-featured-in-may-edition-of-financial-advisor-magazine/#comments</comments>
		<pubDate>Mon, 10 May 2010 14:16:42 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k fiduciary]]></category>
		<category><![CDATA[Advice Regulations]]></category>
		<category><![CDATA[BeManaged]]></category>
		<category><![CDATA[Managed Accounts]]></category>
		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[fiduciary education]]></category>
		<category><![CDATA[401k advice regulation]]></category>
		<category><![CDATA[Chad Griffeth]]></category>
		<category><![CDATA[Fiduciary Adviser]]></category>
		<category><![CDATA[John Whaley]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/05/10/bemanaged-featured-in-may-edition-of-financial-advisor-magazine/</guid>
		<description><![CDATA[In this month's F-A Magazine, BeManaged was featured in the article titled "Better Laid Plans," which is focused on how companies around the nation are answering the call for 401(k) advice. It was a privilege to be included in the article, but there is a key point we would like to correct about how we operate.

We do NOT control the investor's contributions. The participant is ALWAYS in complete control, we simply provide encouragement and strategies for how to increase those contributions.]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/05/10/bemanaged-featured-in-may-edition-of-financial-advisor-magazine/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Poll: More or Less 401(k) Advice?</title>
		<link>http://bemanaged.com/2010/04/28/poll-more-or-less-401k-advice/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=poll-more-or-less-401k-advice</link>
		<comments>http://bemanaged.com/2010/04/28/poll-more-or-less-401k-advice/#comments</comments>
		<pubDate>Wed, 28 Apr 2010 16:22:02 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k fiduciary]]></category>
		<category><![CDATA[Advice Regulations]]></category>
		<category><![CDATA[Asset Allocation]]></category>
		<category><![CDATA[conflicts of interest]]></category>
		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[fiduciary education]]></category>
		<category><![CDATA[401k advice regulation]]></category>
		<category><![CDATA[Fiduciary Adviser]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/04/28/poll-more-or-less-401k-advice/</guid>
		<description><![CDATA[Weigh in with your vote regarding the affect the DoL's 401(k) advice proposal will have on the accessibility of advice for investors on LinkedIn. More? Less? No Change?]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/04/28/poll-more-or-less-401k-advice/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>BeManaged Co-Founder Presenting at &#8216;10 fi360 National Conference</title>
		<link>http://bemanaged.com/2010/04/27/bemanaged-co-founder-presenting-at-10-fi360-national-conference/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=bemanaged-co-founder-presenting-at-10-fi360-national-conference</link>
		<comments>http://bemanaged.com/2010/04/27/bemanaged-co-founder-presenting-at-10-fi360-national-conference/#comments</comments>
		<pubDate>Tue, 27 Apr 2010 18:16:05 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[Advice Regulations]]></category>
		<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k advice regulation]]></category>
		<category><![CDATA[BeManaged]]></category>
		<category><![CDATA[Chad Griffeth]]></category>
		<category><![CDATA[fi360]]></category>
		<category><![CDATA[Fiduciary Adviser]]></category>
		<category><![CDATA[Jason Roberts]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/04/27/bemanaged-co-founder-presenting-at-10-fi360-national-conference/</guid>
		<description><![CDATA[As in '09, I will be presenting with a distinguished panel of speakers on the timely topic of 401(k) advice at the '10 fi360 National Conference. The session, titled "401(k) Participant Advice: How to Protect Plan Sponsors and Yourself."]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/04/27/bemanaged-co-founder-presenting-at-10-fi360-national-conference/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>401(k) Paternalism &#8211; Employers Take More Active Role in Employees&#8217; 401(k) Decisions</title>
		<link>http://bemanaged.com/2010/04/21/401k-paternalism-employers-take-more-active-role-in-employees-401k-decisions/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=401k-paternalism-employers-take-more-active-role-in-employees-401k-decisions</link>
		<comments>http://bemanaged.com/2010/04/21/401k-paternalism-employers-take-more-active-role-in-employees-401k-decisions/#comments</comments>
		<pubDate>Wed, 21 Apr 2010 15:32:21 +0000</pubDate>
		<dc:creator>Chad Griffeth, AIF</dc:creator>
				<category><![CDATA[401k advice]]></category>
		<category><![CDATA[401k fiduciary]]></category>
		<category><![CDATA[Advice Regulations]]></category>
		<category><![CDATA[Asset Allocation]]></category>
		<category><![CDATA[Managed Accounts]]></category>
		<category><![CDATA[conflicts of interest]]></category>
		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[fiduciary education]]></category>
		<category><![CDATA[401k advice regulation]]></category>
		<category><![CDATA[Fiduciary Adviser]]></category>
		<category><![CDATA[investment behavior]]></category>

		<guid isPermaLink="false">http://bemanaged.com/2010/04/21/401k-paternalism-employers-take-more-active-role-in-employees-401k-decisions/</guid>
		<description><![CDATA[This month's CFO magazine featured an interesting article regarding the change taking place in how employers' are taking a more paternalistic approach to their employees' decisions with their 401(k) accounts. Some of the issues that have made paternalism more necessary (not that it's new news) are as follows:]]></description>
		<wfw:commentRss>http://bemanaged.com/2010/04/21/401k-paternalism-employers-take-more-active-role-in-employees-401k-decisions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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