Am I a Fiduciary?

The fiduciary landscape is a confusing terrain for employers. In a recent employer survey1, 40% of employers said their company wasn’t a fiduciary or they weren’t sure. Another 40% of plans working with advisors indicated fiduciary support is even more important than reducing plan costs. It's one of the most complex and misunderstood parts of administering a retirement plan. And not every employer has the time and resources to stay on top of it all. In simplest terms, if you select investments for a plan or hire someone to do it for you, you have fiduciary responsibilities.

Who's Looking Out for You?

Employers clearly recognize that fiduciary concerns are a top priority for their company, and they want advisors who can help them navigate the complex regulatory landscape. Advisors can bring more value to their clients with MassMutual’s Fiduciary Assure program, which helps employers manage their fiduciary responsibility.

Our Fiduciary Assure program, powered by Envestnet Retirement Solutions, LLC (ERS), is here to support you with independent third-party investment advice services. By providing investment recommendations that are compliant with ERISA Section 404(c), the Fiduciary Assure service may help insulate against legal claims that can result from offering inadequate or inappropriate investments.

Now with a new engine under the hood, Fiduciary Assure is better than ever. ERS has nearly $800 billion in assets under management, works with over 43,500 advisors nationwide, and delivers the latest technological solutions to its employers and advisors. You can also say goodbye to piles of paperwork and reports. The Fiduciary Assure program offers employers e-signature capability and plan-specific reporting, all delivered on the web.

We’re proud to offer Fiduciary Assure as a part of our commitment to help employers in meeting their fiduciary responsibilities.

Learn more about Fiduciary Assure’s 3(21) and 3(38) services below (subject to broker firm availability).

 

Take Advantage of Fiduciary Assure.

Contact your financial professional or MassMutual today.

Fiduciary Resources

Be the first to get real-time updates and ensure your fiduciary responsibilities meet any new government-issued standards.

 

Fiduciary Resources

 


1 2015 proprietary study conducted by Greenwald & Associates exclusively for MassMutual Retirement Services.