Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
March 31st, 2016
Merrill Lynch Wins Dismissal of Excessive Fee Case
The U.S. District Court for the Southern District of New York has found that Merrill Lynch was not acting in a fiduciary capacity under ERISA by presenting a roster of funds from which 401(k) plan trustees could choose plan offerings. Read more >
Parents Using Retirement Savings for Non-Emergencies
When asked which is a higher priority, 67% of parents surveyed for T. Rowe Price’s 2016 Parents, Kids & Money Survey said saving for their children’s college education is more important than saving for retirement. Read more >
Get to Know the PLANADVISER Top 100 Advisers
The qualification standards have risen considerably since the first list, as specialist advisers and consultants have built their practices. Read more >
Firms Partner to Provide DC Retirement Plan Platform
Folio Institutional and KTRADE now offer advisers and their DC plan sponsor clients high value, enhanced retirement plan administration, investment selection and fiduciary liability management services. Read more >
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DIVERSIONS: Five States Get an ‘A’ for Retirement Desirability
LPL Financial Ranked U.S. states on their attractiveness for pre-retirees. Read more >
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