Tag: Fiduciary

A court has found questions exist about whether a privately-held company had a duty to disclose a contemplated merger to ESOP participants who sold company stock shares.

The latest court order culminates six years of investigations and three years of legal battle.

In the long-running Tussey v. ABB lawsuit, a court found ABB breached its fiduciary duties, but a procedural error by plaintiffs handed ABB the win.

The plan’s recordkeeper refused to make distributions after the former plan fiduciary changed each participant’s address to his own.

The Fiduciary Responsibility eSource on ERISApedia.com has been expanded with new forms that guide retirement plan officials through key administration processes.

The Financial Services Institute wants to help advisers contact the legislators most likely to respond to their appeals. 

The creation of the modern 401(k) is a complicated story, but the emergence of today’s tax-qualified 403(b) plan is an even more intricate tale.

LPL Financial has been selected to provide clients of Retirement Planning Analytics with fee-based investment advisory services.

The 9th U.S. Circuit Court of Appeals refused to again revisit an amended decision in a long-running and complicated stock drop suit impacted by the Supreme Court’s Dudenhoeffer decision.

The reverse stock drop case Tatum v. RJR Pension Committee has been turned down by the Supreme Court.

ForUsAll has created a simple and inexpensive 401(k) product for small businesses with 3(16) and 3(38) fiduciary services.

There are a number of steps advisers should take to ensure that their plan sponsors are protected from substantial personal liability.

Launches new publication for sponsors and advisers.

In a section called “Reducing Harmful Red Tape,” the committee proposes a “provision prohibiting regulatory changes to the definition of the term ‘Fiduciary.’”

The announcement also includes the official notice of an extended comment period.

Once a plan committee is established, the adviser is a vital part of keeping members up to date.

Affected participants will receive $9 million, less attorneys’ fees and settlement expenses.

It’s often simply a lack of oversight and processes not followed.