Retirement Plan Industry Trends Then Versus Now
The retirement plan world of 1974, when the Employee Retirement Income Security Act was passed, is almost unrecognizable to the one we live in.
Tag: Fiduciary
Government Backs Top Court Review of 401(k) Plan Fee Case
The U.S. Solicitor General has filed a brief asking the United States Supreme Court to review parts of a widely followed 401(k) fee litigation case, Tibble v. Edison International.
Quiz Helps Plan Sponsors Understand Fiduciary Role
The Guardian Insurance & Annuity Company, Inc. (GIAC) released a new tool to help financial professionals mitigate fiduciary risk for their plan sponsor clients.
No ETA for Fiduciary Rule
Now that the White House has taken a hand in the redrafting process, it’s anyone’s guess whether the Department of Labor (DOL) will come out with a proposal...
Making Sure Plan Fees Are Reasonable
When it comes to retirement plan fees, recent regulatory changes and litigation have highlighted the importance of plan sponsors and fiduciaries ensuring that such fees are reasonable.
Small Plans Have More Opportunities for 3(16) Service
The Retirement Plan Exchange is designed to reduce administrative burdens on plan sponsors.
Fiduciary Status Not Triggered by Contribution in Company Stock
A federal appellate court ruled Morgan Stanley & Co. and its CEO were not acting in a fiduciary capacity when deciding to make company contributions to two retirement...
Court Deems MassMutual a Fiduciary for Setting Compensation
A plan sponsor’s lawsuit over revenue sharing payments has moved forward as a court found the sponsor's plan provider became a functional fiduciary by setting fees.
Switch Rates in Micro Market Signal Opportunities
Open architecture and an uptick in the use of co-fiduciary services are changing the landscape for investment firms, according to Retirement Research Inc.
DOL Targets Imprudent Margin Investing
The Department of Labor’s Employee Benefits Security Administration (EBSA) filed a complaint in federal court against a Tennessee profit-sharing plan over allegedly imprudent margin investing that triggered plan...
What Will the IRS Be Looking into Next?
In 2010, the Internal Revenue Service (IRS) launched a large compliance project, the 401(k) Questionnaire.
Survey Finds Little Consistency on Fee Disclosures
A recent survey report from the North American Securities Administrators Association (NASAA) finds a wide disparity in how broker/dealers and other financial services providers disclose fee charges.
Arnerich Massena Expands Fiduciary Education
Investment advisory firm Arnerich Massena has expanded its fiduciary education program to include retirement plans.
What 401(k)s Can Learn from 403(b)s
Passage of 403(b) regulations in 2007 led 403(b) plans to adopt similar requirements and administration practices to those of 401(k)s.