Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 30th, 2017
Secretary of Labor Gets Agreement from SEC to Review Fiduciary Rule
During a hearing, Acosta claimed that previously the SEC did not work jointly with the DOL on the rule. Read more >
Micro Plan Sues Nationwide Over Asset-Based Fees
According to plaintiffs, the plan’s small size and lack of expertise allowed Nationwide to assess an unreasonable asset-based fee for recordkeeping and administration. Read more >
ESOP Failed to Meet Burden of Proof in Suit Against Transactional Trustee
A U.S. appellate court had to resolve a dispute about whose burden it was to prove or disprove a fiduciary breach before deciding on the case. Read more >
Investment Products and Service Launches
Goldman Sachs Launches New ActiveBeta ETF; WisdomTree Sprouts New Smart Beta ETF; Manning & Napier Rolls out Disciplined Value CIT; and more. Read more >
MOST READ ARTICLES
1
Dissecting TIAA Subsidiary’s $97 Million SEC Rollover Settlement
2
Empower to Acquire Full-Service Retirement Business of Prudential
3
With Prudential Acquisition, Empower Aims for Growth Up to 3x Faster Than Other Recordkeepers
4
‘Secure Act 2.0’ Likely to Become a Reality
5
Talking Scale With Voya, Sterling Resources Leaders
Student Loans Stump Boomers
Thirteen percent of pre-retirees are paying back such loans Read more >
Helping Women Save
Calculators and automatici features can provide a real boost. Read more >
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