| ERISA Suit Targeting Essentia Health Retirement Plans Will Proceed |
| Both parties together filed some 1,000 pages of paperwork, which the court declined to consider in denying the employer’s motion to dismiss, in which it argued its plan administration practices fit within established norms.
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| ESOP Participants Win Case Over Failed Diversification Implementation |
| A court used plain language of the ESOP plan document to show the plan administrator’s failure to implement participants diversification elections was “arbitrary and capricious.”
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| Gucci Retirement Plan Sued for Charging Excessive Investment Fees |
| A plaintiff in the Gucci America, Inc. Retirement and Savings Plan is accusing the plan sponsor and its benefits committee of breaching fiduciary duties, as well as other violations of the Employee Retirement Income Security Act.
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| Wells Fargo Asset Management CEO Issues Call to Action on Gender Challenges |
| During a press lunch in New York, Wells Fargo’s CEO of asset management issued a direct call to action for retirement plan advisers, sponsors and providers to do more to help Millennial women save and invest effectively for retirement.
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