| No Individual Harm Means No Claim Against Pension Plan |
| Deciding a case filed by a son against his father, a federal appellate court says a defined benefit plan beneficiary has no standing to sue the plan if he cannot prove individual harm.
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| Open Architecture and Custom Investing Trends |
| Alexi Maravel, an associate director at Cerulli, says custom solutions “have the potential to upend decades-old practices of asset managers and investment consultants in assisting institutional investors in meeting their goals.”
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| Financial Wellness Has a Real Dollar Value |
| It’s not just employees who stand to gain from instruction on personal finance. Last year, a survey of HR professionals commissioned by the Society for Human Resource Management found 85% of business leaders believe financial stress leads to decreased productivity.
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| TDF Customization Adds Considerable Complexity |
| A white paper from J.P. Morgan suggests custom target-date strategies can add real value to retirement plans, but the complexity of customization can quickly overwhelm the upside.
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