| Northrop Grumman Settles ERISA Suit |
| The parties reached a $16.75 million settlement amount, to be used to improve the administration of the retirement plans in question and to compensate employees and retirees. In the underlying suit, the plaintiffs alleged, among other claims, that Northrop fiduciaries violated their duties to employees in two 401(k) retirement plans by improperly causing those plans to pay Northrop for administrative services.
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| HSA Evolution Could Drive Adviser Opportunity |
| Since the new Congress began in January, there have been more than 20 bills proposed that impact consumer-driven health plan, and more specifically HSAs.
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| Comprehensive Coverage of PSNC 2017 |
| Here we present end-to-end coverage of the 2017 PLANSPONSOR National Conference, held last week in Washington, D.C. The three-day event featured speakers from the DOL, top ERISA law firms and plan providers, as well as high-performing plan sponsors from across the U.S.
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| Education Costs Put the Squeeze on Retirement Savings |
| While young people may delay saving for retirement because of crushing student loans and parents may think it is more important to fund their child’s education, they should not lose sight of their own needs in retirement, advisers say.
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