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BusinessHub

SWBC's BusinessHub blog is a one-stop resource for business owners and company decision makers.

 

Recent Posts

Department of Labor Fiduciary Ruling: 5 Things You Need to Know

The Department of Labor (DOL) Fiduciary Ruling is good news for employers and their employees. The primary benefit of the new legislation is that investment professionals that offer investment recommendations for retirement plans will be held to the fiduciary standards as defined by ERISA.

While you may believe your existing investment advisor has served in this role, this is less common than most employers would think. Use the five questions listed below to confirm that you are taking advantage of the protections offered by the new legislation.

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Recruit, Retain, Retire: The Employee Lifecycle

As a business, you have numerous responsibilities when it comes to your employees. You hire them, train them, compensate them, and each of those tasks comes with several other associated tasks. Often times, those tasks also come with a lot of paperwork.

Today, I'd like to bypass the majority of responsibilities you have as an employer and focus on three key areas that are critical to your bottom line.

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The 4 Items You Should Request in an Investment Advisory Services Request for Information

When it comes to choosing a prospective investment advisor for your employees' retirement plan, thoroughly investigating the potential advisor and performing comprehensive due diligence of their firm should be a formal step in your search.

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