Texas Judge Rejects Most Support Briefs in DOL Fiduciary Litigation |
Just two out of an increasingly large pile of amicus briefs filed in relation to litigation seeking to halt the new DOL fiduciary rule will be considered—both of them ostensibly pro-DOL in their argumentation.
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ERISA Suit Against Chevron DC Plan Tossed |
An ERISA suit filed against Chevron Corporation accusing the firm of not using its negotiating power to obtain lower investment and recordkeeping fees has been dismissed for failing to properly state a claim.
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Referrals Under the Final Fiduciary Rule |
ADVISER QUESTION: Is the recommendation of an investment adviser to an individual retirement account owner a fiduciary act under the Department of Labor’s final fiduciary rule?
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Higher Education Institutions Have Embraced DC |
In a study of more than 450 private and public higher education institutions, Sibson Consulting found only 9% of private universities offer a defined benefit plan.
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