DOL Asks for Reversal of Dismissal of Fidelity Float Income Suit |
In an amicus curiae brief filed with the 1st U.S. Circuit Court of Appeals, the DOL notes that ERISA prohibits retirement plan fiduciaries from using undisclosed float income obtained through plan administration for any purpose other than to benefit the ERISA-covered plan.
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State-Run Plans Will Struggle Without Aggressive Plan Design |
TIAA government markets executive urges lawmakers and the DOL to heed the financial services industry’s hard-learned lessons when implementing any state-run plans for private-sector workers.
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IRIC Q&A Debunks ‘Portability Myths’ |
The Institutional Retirement Income Council suggests that today’s structured retirement income products are far more portable and accessible than is commonly understood by plan sponsors.
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Employers Combatting Financial Stress with Education Programs |
Financial education programs are the most successful when tailored to the unique concerns of the workforce.
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