Tag: Investment advice

PAND21 CN_Johnny Dombrowski-web

Legislative and Judicial Actions

The DOL gives advisers a ‘grace month’ to comply with impartial conduct standards; the IRS ups the contribution limit by $1,000 for many DC plans next year; new piece of legislation would create a ‘Retirement Plan Lost and Found’; and more.

ERISA Suit Against John Hopkins Partially Tossed

The plaintiffs’ allegations regarding what they allege to be an excessive amount of investment options was summarily tossed by the court, which cites a number of important recent cases as precedence; however, claims regarding excessive recordkeeping fees and providers will proceed. 

SEC Provides Its Own Relief for Hurricane Victims

Joining a number of other regulatory agencies, the SEC has issued important easements and compliance relief provisions for companies and individuals impacted by three recent hurricanes striking the U.S. and its territories.