Pension consultants may be serving two masters: SEC says client rosters create potential for conflicts in acting as a fiduciary.(REGULATION)Tuckey, Steve
[...] be construed as allowing a contracting State to decline to supply information solely because the information is held by a bank, another financial institution, or a nominee or person acting in an agency [...] or a fiduciary capacity [...] or because it relates to ownership inte...
Fiduciary Duty and Sustainability in the Financial Services Sector with respect sustainability as it relates to the fulfillment of fiduciary duty, given that the definition of a fiduciary requires an agent to act in the best interest of the client and to disclose all conflicts of interest and cost...
At an absolute minimum, ask them to clearly disclose to you verbally at the time they give you advice (not buried in a client agreement) when they are not acting as a fiduciary. FORBES: Is Your Financial Advisor A Wolf In Sheep's Clothing? UNESCO, the United Nations Environment Programme...
The sole purpose of a board is to make decisions on behalf of the association, ostensibly for the greater good of everyone living in it. By ignoring a conflict of interest, the board acts in direct violation of its fiduciary duty to owners and shareholders. ...
fiduciary relationship thereby established. asiasat.com asiasat.com (F) 在公司法及本公司細則下一段之規限下,任何董事或候任或擬委 任董事不得因其擔任任何職務或受薪職位,或因其賣方或買方身份或其他原因,而喪 失與本公司訂約之資格; 任何董事亦毋須避免訂立以任何方式涉及利益之任何有關 合約或任何其他合...
The spirit and objectives of their venture may not be capable of being expressed exhaustively in a written contract. Each party places trust and confidence in the other, but of a different kind to that involved in fiduciary relationships. The contract involves a high degree of ...
While the courts have termed both surviving partners and exec- utors as trustees, a survivingpartner's partner must act solely in the interests of the estate.' A surviving partner who wishesto exercise the purchase option granted him under the partnership agreement mayRandleman, Sandra L...
The article discusses a court case involving insurance companies in the U.S. acting as Employee Retirement Income Security Act (ERISA) fiduciary and their responsibility of disclosing attorney-client communications during litigation. In the case Stephan v. Unum Life Insurance Co., it was held that...
The Fiduciary Rule notably eliminates the regular basis, primary basis, and mutuality requirements, which the DOL viewed as particularly problematic elements.Instead of the five-part test, under the Fiduciary Rule advice to a plan, plan fiduciary, p...