Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
April 26th, 2016
Court Finds Employee Did Not Have Information to Prove Benefits Claim
The 9th Circuit reversed a district court decision that a participant did not prove he was entitled to benefits, saying the burden of proof should be on the employer, which had all the necessary information. Read more >
Opportunities Exist for Advisers Among Career Military
Fewer military members contributed to retirement accounts last year, but working with an adviser improved outcomes. Read more >
Researchers Find Potential Reason for Lack of Annuity Use
Language used to describe annuities should reduce the possibility of death-related thoughts, the researchers suggest. Read more >
Paychex and LPL Launch Solution to Address Fiduciary Concerns
The Small Market Solution will incorporate LPL’s 3(38) investment management service and employee Worksite Financial Solutions into Paychex’s retirement offering, including recordkeeping, administration and one-on-one service. Read more >
Another Stressed Union Pension to Get PBGC Support
Class Certified in 401(k) Plan Trustees’ Lawsuit Against John Hancock
PPL Corp. and Mass Brigham General Face ERISA Lawsuits
70% of Eligible Employees Have Joined California’s State-Run Retirement Program
Retirement Plan Advisers Might Help Lessen ERISA Lawsuits by Adding Defensive Provisions
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MassMutual Offers Fiduciary Protection for Sponsors
Massachusetts Mutual Life Insurance Co. is launching Fiduciary Assure, fiduciary protection services and educational support for retirement plan sponsors, in partnership with Envestnet Retirement Solutions. Read more >
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