Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 19th, 2020
Excessive Recordkeeping Fees Cited in Oshkosh ERISA Challenge
The lawsuit points to a variety of alleged fiduciary breaches related to the Oshkosh Corp.’s retirement plan’s investment and recordkeeping fees. Read more >
Texas Couple Admits to $15M Retirement Plan Embezzlement Scheme
A Texas couple faces a collective 22 years in prison after pleading guilty to an embezzlement and identity theft scheme that eventually funneled more than $15 million out of some 20 retirement plans. Read more >
Transamerica Creates Online Financial Wellness Center
It covers a wide range of topics, from budgeting to preparing for retirement. Read more >
‘Gray Divorce’ on the Rise
The trend points to increased financial risk in retirement. Read more >