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IRS Seeks Input About Minimum Present Value Requirements Event
Interested parties can email the IRS by 5 p.m. ET on April 17, 2017, with any suggestions for its presentation.
Industry Leaders Aim To Increase Number of African American Advisers
Establishing scholarship funds and more carefully considering the benefits of diversity in the hiring processes are just a few of the ways an increasing number of firms say...
Seyfarth Shaw Expands Seyfarth Benefits Consulting
Seyfarth Benefits Consulting focuses on supporting clients' ongoing legal counseling and administrative needs in relation to their retirement, health and welfare programs.
Oracle 401(k) Challenge Jumps Another Legal Hurdle
A federal district court judge has granted the recommendation of a magistrate judge, to the effect that an ERISA lawsuit filed against Oracle will not be dismissed before...
Administrative Proceedings for ERISA Legality Claims Would Be Futile
The 6th Circuit said if 403(b) participants had tried to use the plan's administrative remedies for claims a plan amendment violated ERISA, it would have been futile.
Few Employees Report Being on Track for Retirement
However, Financial Finesse found repeat usage of employer financial wellness programs and running retirement projections incrementally improves retirement preparedness.
Majority of RIAs Planning on M&A in the Next Five Years
The motivation is growth, particularly boosting assets and revenues, expertise and clients, and ensuring that a succession plan is in place.
Plan Quality Varies Significantly By Industry
The generosity and functionality of a retirement plan tends to vary quite a lot according to the type of employer and industry.
Retirement Industry People Moves
Pentegra Hires Regional Director; PSCA Establishes HSA Committee; Hub Califronia Hires Benefits Leader; and more
Litigating Prudence Versus Litigating Fees Under ERISA
Discussion of 401(k) litigation often fails to draw important distinctions between different ERISA standards that pertain to fiduciary prudence and controlling plan costs, according to one reader of...
Empower Retirement Uses 'Quirky' Videos to Engage Millennials
In a series of live action videos, Empower takes on some truly quirky, bad and perhaps not-so-serious retirement planning ideas.
Employees No Longer Under Controlled Group Entitled to Enhanced Benefits
After agreeing with a district court that employees sold from Anheuser-Busch's controlled group of companies deserve enhanced pension benefits, the 8th Circuit remanded the case back to the...
Decisions in Tussey Case Not Over
An appellate court has remanded the case back to the district court to re-evaluate the calculation of damages.
Allergan Stock Drop Challenge Blames Fiduciaries For Losses
For claims alleging a fiduciary breach based on non-public information, the high court has held that plaintiffs must plausibly allege an alternative action fiduciaries could have taken and...
Insperity Fails to Get Excessive Fee Suit Dismissed
For one thing, a judge found plaintiffs' allegations concerning switching to a newly created Reliance Trust Company TDF were sufficient to state a claim.
Settlement Reached By Holy Cross ‘Church Plan’
While several church plan challenges wait on SCOTUS review, another has been settled.
Employees Using ESPPs Wisely, Fidelity Says
The investment firm says that employee stock purchase programs (ESPPs) can significantly boost workers’ savings.
Economic and Infrastructure Debate Presents Opportunity
Analysts suggest infrastructure investments already have been doing fairly well in recent years despite heightened market volatility.
Merit Financial Group Reveals Wellness Platform
The new worksite financial wellness platform provides customized education, coaching and participant monitoring.
Analysis Links State-Run IRAs With Medicaid Savings
A coalition of advisers and providers is making the case on Capitol Hill that dialing back DOL guidance supporting state-run retirement savings programs for private sector workers is...