| Even With Trump Memo, Firms Are Fiduciary Focused |
| Despite uncertainty around the future of the fiduciary rule, firms are clearly still committed to expanding fiduciary support services for their staff and clients—as demonstrated by the continuing stream of product updates and announcements.
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| Post-Recession, All Worry About Retirement |
| Forty-five percent of Baby Boomers expect their standard of living will decrease in retirement, 83% of Generation X think their generation will have a harder time achieving financial security than their parents have or did, and only 18% of Millennials are very confident about their future retirement.
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| Re-Enrollments, A Powerful Tool, Have Yet to Catch On |
| Over the past three years, out data shows just 1.9% of retirement plan sponsors had re-enrolled participants in the plan’s default investment at some point, while only 4.0% re-enrolled participants saving below the default deferral rate, and 8.6% re-enrolled nonparticipating employees. It seems fair to say that the industry has yet to embrace the practice.
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| Fiduciary Fitness: Burden of Proof |
| A recent case that defense attorneys likely believe is an example of the maxim “bad facts make bad law” is Estate of Barton v. ADT Security Services Pension Plan, for which a request for rehearing was recently denied.
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