What is the Difference Between a Fidelity Bond and Fiduciary Insurance?
People often confuse fidelity bonds and fiduciary insurance, so today I’d like to clarify the difference between them. First, one of them is required, while the other is not. A fidelity bond is mandated by ERISA, the Employee Retirement Income Security Act, which is a federal retirement law put in place back in 1974. It Read More…