Provision of 401(k) Plan Investment Advice: Trap for the Unwary Financial Planner

Miller, Evan
June 2001
Journal of Financial Planning;Jun2001, Vol. 14 Issue 6, p30
Academic Journal
Gives advice to financial planners who assume the status of fiduciary under the Employee Retirement Income Security Act of 1974 (ERISA) in the United States. Mistake commonly committed by financial planners who provide advice to clients on their 401(k) plan accounts; Definition of an ERISA fiduciary; Rules on the acceptance of fees.


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