Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 10th, 2016
Are Church Plans Unconstitutional?
A new “church plan” lawsuit argues an employer improperly claimed church plan status for its pension—and more fundamentally that church plans themselves may violate the First Amendment to the U.S. Constitution. Read more >
Cost Concerns Driving DC Plan Sponsors to Change Investment Lineups
Significantly more plan sponsors intend to take action in the form of negotiating for lower fees or lower-fee share classes, eliminating revenue-sharing arrangements, or consolidating the plan investment menu, Cogent Reports finds. Read more >
Fiduciary Breaches by Others
Even if you are not a fiduciary, there still is a risk of liability. For example, the Supreme Court has held that a non-fiduciary service provider could be sued for participating in a prohibited transaction. Read more >
Investment Product and Service Launches
Vanguard modifies advisory arrangement for Explorer Value Fund; FTSE Russell unveils Green Revenues model; Franklin Templeton Investments introduced LibertyShares strategic beta ETFs; and more. Read more >
House Subcommittee Witnesses Bash SEC’s Regulation Best Interest
Mixed Ruling in Oracle ERISA Suit Strongly Favors Defense
Consider All Individual Circumstances Before Suggesting 4% Retirement Income Withdrawal
Many Widows, Divorcees Feel Patronized by Financial Advisers
2019 PLANSPONSOR Retirement Plan Adviser of the Year Finalists
Ascensus to Offer LPL Financial 3(38) Solution
Ascensus will offer LPL Financial’s new 3(38) Small Market Solution, aimed at delivering successful and cost-effective retirement plans to small employers. Read more >
MassMutual Offers Line of Credit to Stave Off 401(k) Loans
To help preclude 401(k) participants from taking out loans or hardship withdrawals, MassMutual is making Kashable credit services available through the BeneClick! employee benefits exchange. Read more >

Editorial: Alison Cooke Mintzer

Advertising: Paul Zampitella

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