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Products September 13, 2012
Web-Based Fiduciary Educator Launched
AXA Equitable developed a website to inform 401(k) and 457
plan sponsors about fulfilling their fiduciary obligations.
Reported by Kristen Heinzinger
Fiduciary Educator features a series of videos to help plan sponsors understand the definitions of a plan fiduciary, the consequences of breaching fiduciary obligations, due diligence and procedural prudence participant communication, and how to alleviate and shift fiduciary burden.
Interactive quizzes following each video help assess if fiduciary duties are being fulfilled and whether a service provider may be of help.
Users also have access to a library of educational materials provided by industry firms. These can be previewed online or saved in the site’s “knowledge baskets” for reference.
The site is also available to financial professionals who work with plan sponsors, and also offers educational materials tailored to this group.
Access the site here.