Fiduciary lawsuits are garnering more attention. A recent fiduciary breach suit even went all the way to the Supreme Court, indicating that employers and the retirement industry as a ...
Read More »Regs and Regulators
Target Date Funds Pose Potential Fiduciary Risks
Target date funds (TDFs) currently hold about $3 trillion in defined contribution plan assets. However, according to a recent article penned by Ron Surz in 401kSpecialist, the TDF gamble ...
Read More »Lawsuits in 401(k) Plans Ruin a Fiduciary’s Day
Lawsuits in 401(k) plans are on the rise. Fiduciary Lawsuits in 401(k) Plans create a huge distraction. Since January 2020, more than 200 fiduciary lawsuits have been filed. Hundreds ...
Read More »2021 Retirement Industry Milestones in Monthly Recap
The coronavirus pandemic notwithstanding, 2021 was an eventful year in the employee benefits/retirement plans space. In case you missed it, here is a month-by-month recap, as recently reported in ...
Read More »Fiduciary Compliance Under Intense DOL Scrutiny
Fiduciary Compliance is much more than a catch-phrase now that the Department of Labor (DOL) is focusing on retirement plans. The DOL is now cracking down on fiduciary compliance ...
Read More »ESG Funds Fiduciary Obligations Balance Duty with Demand
ESG funds fiduciary obligations seem to be mounting. Are the ESG funds fiduciary obligations “good” for retirement plan participants? And are ESG funds’ investment objectives aligned with the obligations ...
Read More »ESG Rules for 401k Plans Confound Retirement Committees
ESG rules for 401k plans could be overturned under the Biden administration. The use of environmental, social and governance (ESG) funds in 401(k)s and similar employer-sponsored retirement plans is ...
Read More »Fiduciary Responsibility Unclear When Handling Participant Data? Ask the Lawyer
Fiduciary Responsibility Unclear When Handling Participant Data? Ask the Lawyer By Carol Buckmann Fiduciary responsibility has blurred-lines around the use of participant data. Can your vendors use participant data ...
Read More »SECURE ACT CHANGES THAT AFFECT YOUR 401(K) – Ask the Lawyer
SECURE ACT CHANGES THAT AFFECT YOUR 401(K) by Carol Buckmann Secure Act changes seem to be on track to enact new rules many plan sponsors would prefer to see. ...
Read More »Multi-Employer Plans Garner Congressional Attention
Multiple Employer Plans Garner Congressional Attention Multiple employer plans (MEPs) may soon become a reality, thanks to a new bill making it through the U.S. House of Representatives recently. ...
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