Why Tibble means…nothing

AP photo.

It’s just business as usual for those who have been paying attention to their fiduciary duty all along.

As the dust begins to settle on the fallout of the Supreme Court’s unanimous Tibble v. Edison, one thing has become apparent – when it comes to a plan sponsor’s fiduciary duty, nothing has really changed. Sure we hear talk of unintended consequences, (for a quick list, read, “10 Unexpected Changes Tibble Really Brings to 401k Fiduciary Providers and Plan Sponsors,” FiduciaryNews.com, May 26, 2015), but if you dig right into the true meaning of Tibble, to borrow the infamous words from, well, you know who, “What difference, at this point, does it make.”