Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 13th, 2017
UBS Challenges Client Recruiting By Former Advisers
A lawsuit filed by UBS against a number of former brokers—accused of too aggressively soliciting old clients immediately after going independent—shows plan participants aren’t the only source of potential litigation. Read more >
ERISA Lawsuit Filed Against MFS
The complaint alleges fiduciary breaches of ERISA with regards to MFS offering its proprietary funds in its 401(k) plans. Read more >
Businessman Ordered to Pay Back ERISA Plan Involved in Ponzi Scheme
The ERISA plan invested roughly $1.9 million of plan assets from July 2010 through December 2011 in the investment company, Midwest Green Resources. Read more >
HSA Owners Missing Out on Long-Term Health Care Savings
Owners of health savings accounts are primarily using them for immediate needs, such as deductibles, coinsurance and copayments, according to the Employee Benefit Research Institute. Thus, they are using HSAs more like checking accounts than investment vehicles. Read more >
Advisers Beware and Be Cautious When Talking Taxes in 2018
Confusion Abounds After Fifth Circuit Decision Vacates DOL Fiduciary Rule
Three Quarters of Americans Have Not Planned for LTC Needs
Will SCOTUS Decide the Fate of the DOL Fiduciary Rule?
HSA Knowledge Gap Offers Clear Adviser Service Role
Sponsored message from AGI
What it Means to be Dynamic
Target Date Funds (TDFs) have transformed retirement investing, but the static approach to the glidepath leaves many investors at risk. A more dynamic strategy is needed, and Glenn Dial says it all begins with defining what dynamic investing actually is. Read more >
CITs and Custom TDFs Shine in Mega Market
New research from Northern Trust finds its largest plan sponsor clients have broadly embraced collective investment trusts, and more than half now use custom TDFs. Read more >
Non-ERISA 403(b) Conflict-of-Interest Rule Passed in Conn.
We previously reported that Connecticut passed a conflict-of-interest bill for non-ERISA 403(b)s. Newly obtained text of the bill as signed by the governor reveals it only pertains to plans offered by political subdivisions of the state.  Read more >
Advocating for Aggressive Plan Design
With one in three Americans having zero saved for retirement and nearly one-third of Americans over the age of 85 having no savings, it is hard to say that we as a nation are preparing people for retirement. Read more >

Editorial: Alison Cooke Mintzer

Advertising: Paul Zampitella

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