LibraryScenariosWhen business partners disagree about fiduciary duty in employee retirement plans
Scenario

When business partners disagree about fiduciary duty in employee retirement plans

My business partner wants us to move our company's retirement matching from broad market index funds to actively managed funds because he thinks we owe our employees better returns, but I think we're just adding fees and risk, and we can't agree on what 'fiduciary responsibility' actually means here.

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The coach is replying

More people experience this than they realize.

What we've seen

Two people are discovering they have fundamentally different definitions of care and responsibility toward others.

Ideas that help explain it
Worth thinking about

“Where Are You with Index funds vs. active investing?”

If this sounds familiar, the Library can help you find the bigger picture.