Search results for: SCO
Actuaries Question Efficacy of Pension Funding Notices
Experts with the American Academy of Actuaries argue the Annual Funding Notice process required of pension plans under ERISA Section 101(f) is “an example of a good idea...
Advisers Project Political Climate to be Greatest Source of Volatility
Eaton Vance has updated its Adviser Top-of-Mind Index, revealing advisers' biggest concerns as well as potential solutions.
LPL Acquisition Underscores Need for Scale and Flexibility
At a time when broker/dealer margins are being tightly squeezed, the company estimates the transaction can generate $75 million to $100 million of “EBITDA accretion.”
Sponsored by Pacific Life
Invest or Contribute to Solve a Retirement Funding Shortfall?
Many defined benefit (DB) plans were closed to new entrants and/or frozen after the market crash in 2001 and the financial crisis in 2008. Due to many reports...
Sponsored by Fiduciary Benchmarks
What Does the Department of Labor Fiduciary Rule Mean for Benchmarking?
A discussion with Tom Kmak, CEO and co-founder of Fiduciary Benchmarks
Court Recommends Dismissal of ESOP Challenge Against Wilmington Trust
The judge noted that stock must be purchased at an inflated price and sold at a loss for an economic injury to occur.
Study Finds Preference for Pre-Tax Deferrals Even If a More Adverse Outcome
The study finds most people do not consider tax implications before deciding whether to defer into retirement plans' pre-tax or Roth accounts.
Second Sears Stock Drop Suit Includes Puerto Rico Plan
As with the lawsuit filed in July, the new complaint says the defendants breached their ERISA fiduciary by retaining the company stock fund as an investment option under...
District Court Denies Prudential Stable Value Class Action Motion
Plaintiffs are challenging the way Prudential sets returns and fees within stable value contracts offered to ERISA plans.
Plaintiffs in Target Stock Drop Suit Failed to Meet Pleading Standards
A court shot down several actions plaintiffs suggested Target could have taken when it knew or should have known its stock price was artificially inflated.
Fiduciary Rule RFI Comments Suggest Split in Industry Outlook
Today is the second and final deadline for submitting responses to the DOL’s broad RFI regarding the fiduciary rule expansion under ERISA—but late comments will also be accepted...
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Reconsidering the Status Quo
It takes more than automatic enrollment to valuably increase participation and engagement.
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Rules of Engagement
Advisers need to go beyond automatically enrolling participants—to get them to take real interest in their retirement future.
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Need for Retirement Income Education
Most older Americans know very little about annuities
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Proprietary Funds
Besides the claims of breach of fiduciary duty made of late against plan sponsors that offer proprietary funds, there have been claims of prohibited transactions. With respect to...
Investment Products and Service Launches
Deutsche AM Slashes Mutual Fund Expenses; Fidelity Cuts Expenses on Mutual Funds; Transamerica Debuts Smart Beta ETFs; and more.
The Regulatory Agenda for 2017 Remains Packed
Beyond the ongoing fiduciary rule RFI process, the DOL also has slated for this month an interim final rule about an amendment to its Abandoned Plan Program.