Fiduciaries

Anson Blog

June 12, 2017

What are 3(16), 3(21), and 3(38) Fiduciaries?

A fiduciary is a person or organization that owes to another the duties of good faith and trust. A person in this role is bound ethically to act in the other’s best interest. Plan sponsors of retirement plans can pass on certain fiduciary responsibilities to service providers. This […]