Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 14th, 2017
EBSA Fraud Investigation Leads to Lengthy Prison Sentence
A Department of Labor investigation found evidence that $5 million, including retirement plan assets covered by ERISA, was inappropriately diverted and used to pay various business and personal expenses. Read more >
Vermont Passes Bill to Implement State-Run Retirement Plan for Private-Sector
The bill would implement a voluntary retirement program for businesses with 50 or fewer employees. Read more >
Some Members of Gen X, Y Are Maxing Out Their 401(k)
To do so, they are making financial sacrifices. Read more >
Gen X Investors Describe Serious Financial Stress
FICO’s latest consumer finance trend research finds only a third of consumers between ages 38 and 52 are confident they will reach their long-term financial goals. Read more >
MOST READ ARTICLES
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Stimulus Bill Extends Some Provisions of the CARES Act
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Practice Management: Areas of Success
3
HUB Names New Leader for Retirement and Private Wealth
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Democrats Have Won the Power to Fix Union Pensions
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Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
dailyVest Rolls Out Fiduciary Focused Tool
The new platform by dailyVest allows plan sponsors to measure plan health and meet fiduciary responsibilities. Read more >
Investment Products and Service Launches
Charles Schwab Adds More Commission-Free ETFs; John Hancock Continues Reducing Mutual Fund Fees; Rise Financial Opens its Doors for Socially Responsible Investing; and more. Read more >
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