From the Magazine: Under Armor |
Even long-time ERISA attorneys experience moments of exasperation when considering the way plaintiffs are bringing more and more suits against retirement plans—raising challenges that scrutinize all areas of running a plan and question the most common business practices.
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Self-Dealing Suit Settlement Reached by Aegon and Transamerica |
Under the terms of a proposed lawsuit settlement, Transamerica will have to make structural changes in the way it runs its own retirement savings plan, including changing how fees are calculated.
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Mandatory RIA Succession Planning in the Works at SEC |
The Securities and Exchange Commission is proposing a new rule and rule amendments under the Investment Advisers Act of 1940 aimed at bolstering advisory industry succession planning.
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Pre-Retirees More Concerned Than Retirees About Long-Term Care |
Sixty-nine percent of pre-retirees, those workers age 45 and older, are worried about long-term care and inflation, slightly more than the rate of concern for current retirees.
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