Just in case there was any doubt that the current Labor Department views the world differently than previous ones, two former DOL officials have now weighed in supporting the plaintiffs in an ERISA ...
On Jan. 28, the President hosted a star-studded Trump Account Summit in Washington, D.C. to promote the program, featuring Gerstner, Shark Tank co-host Kevin O’Leary, and rapper Nicki Minaj.
With healthcare costs climbing at more than twice the rate of Social Security cost-of-living adjustments (COLAs), a new report warns that they could eventually surpass benefits and eat into retirement ...
A near $15 billion 401(k) plan has been sued for retaining “underperforming” investment options, including a target-date fund — allegedly costing participants more than $318 million.
Noting that “the fiduciary-centered issue in this case — one of dozens percolating through the courts — lives in the heartland of those standards in which clarity, uniformity, and consistency must ...
"Recordkeepers should continue to remind plan sponsors and participants that these services are available to increase utilization and help improve outcomes.” ...
Plaintiff law firm compensation often dwarfs the average compensation of participants in ERISA class action lawsuits, according to a survey published by Davis & Harman, an ERISA defense law firm.
In response to a call from a financial advisor in Pennsylvania, the ERISA consultants at the Retirement Learning Center (RLC) address a question concerning what the most common contribution formulas ...
The suit alleges that these defendants “…have kept two serially underperforming funds —the Harbor Capital Appreciation Fund and the Parnassus Core Equity Fund — in the Plan for over 10 years,” and ...
The Patriots and Seahawks have some Super Bowl history — and some think the outcome might have an impact on the stock market — not to mention your 401(k)!
Bipartisan legislation that seeks to modernize and streamline the Form 5500 reporting requirements for employer-sponsored retirement plans has been introduced in the House of Representatives.
Well, here we are again at the end of yet another workweek (and a month, if you can believe it!) . . . and yet, just look at what has happened to these guys and gals . . .