Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
September 21st, 2017
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. Read more >
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.” Read more >
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. Read more >
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. Read more >
DOL Finalizes Rule Opening Door to ESG Investing in Retirement Plans
Advisers Get Long-Awaited Clarity on ESG in Retirement Plans
AARP Finds Major Gap Between Retirement Goals and Preparedness
Plan Advisers Value Trustworthiness, “Personal” Touch from DC Recordkeepers
A Reminder to Avoid Fraudulent Hardship Withdrawals
Sponsored message from MetLife
Stable Value as a DC Plan Capital Preservation Vehicle From MetLife
Click to see Video. Read more >
Employer Offerings, Participant Usage of Company Stock in 401(k)s Declining
At the same time, employees in ESPPs are using company stock to address financial wellness needs. Read more >
Future Retirees Have Grim Outlook
In addition, more than one-quarter of recent retirees say life is worse because of income and cost of living. Read more >
Mesirow Financial Launches Level Compensation Platform
Recordkeepers and broker/dealers seeking access to level-compensation solutions for retirement plans will have access to Mesirow Financial Investment Management’s 3(21) and 3(28) fiduciary partnership services through the Mid Atlantic Trust Company’s FiduciaryXChange platform. Read more >
rss icon twitter icon linkedin-in icon facebook icon
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2022 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850