| 6th Circuit Backs Defense in Fidelity Freedom Funds ERISA Suit |
One expert who works on the fiduciary insurance side of the retirement plan industry calls the appellate ruling ‘the best decision ever written in an excessive fee case,’ and one which could dissuade other plaintiffs in similar cases. |
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| Ready for PTE 2020-02 July 1 Enforcement? |
| The July 1 enforcement date for the Department of Labor’s new best-interest rollover documentation requirements has been widely publicized, but that doesn’t mean all advisers are ready. |
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| Olin Corp. Soundly Defeats ERISA Lawsuit |
The judge’s opinion sides firmly against the arguments made by the plaintiffs in the case, who are among the many litigants currently represented by the law firm Capozzi Adler. |
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| Retirement Industry People Moves |
The Retirement Advantage hires veteran financial professional, while AssetMark will acquire Adhesion Wealth. |
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| Significant Retirement Bill Moves Forward in Senate |
Sources say the Senate HELP Committee’s measure, called the RISE & SHINE Act, is expected to be combined with a Finance Committee measure into one Senate bill, which will then need to be reconciled with House-passed legislation. |
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