Browsing Tag
ERISA
289 posts
ERISA (Employee Retirement Income Security Act) is a 1974 U.S. federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry. It aims to protect plan participants by requiring plans to provide information, establish fiduciary responsibilities, and give participants the right to sue for benefits and breaches of duty. ERISA also guarantees payment of certain benefits through the Pension Benefit Guaranty Corporation if a defined plan is terminated.
Wednesday is ‘3(16) Day’ to Celebrate Fiduciary Services
Pentegra designates March 16 as such to promote the value of a 3(16) fiduciary
How Auto Portability Helps Women, Minorities and Lower-Income Workers
Auto portability is exactly the response from the private sector that you would hope for and expect
Supreme Court Hears Northwestern University Fiduciary Breach Case
Hughes vs. Northwestern University is only the second excessive fee case to reach highest court
Pete Swisher, Jason Roberts Launch New Fiduciary Services Firm
'We look at their contract with the recordkeeper, and invariably there are holes'
An Incredible Opportunity for Retirement Plan Advisors: Wealth@wor(k) 2021
'They just can’t see the vision, although we are the blueprint for it'
Don’t Fail to Protect Financially Naïve 401(k) Beneficiaries
Like the excessive fee debacle, it will probably take lawsuits to remedy this breach of responsibility
Cybersecurity Due Diligence Key to Minimizing 401k Reputational Risk
'The greater the number of parties sharing participant data, the more complicated securing that data becomes'
Episode 31: What Do Advisors Absolutely Need to Know About ERISA-Related Issues? Marcia Wagner Explains
Few, if any, know ERISA better than Marcia Wagner. The high-profile attorney is the go-to person to explain…
New 401(k) ‘FORT’ Resource Available to Protect Plan Sponsors
Who does what tasks, and how does a plan sponsor know if the advisor with whom they partnered…
Jason Roberts: Advisors No longer Must ‘Look Over Their Shoulders’
'I can tell you that both the written disclosures and policies and procedures need to be well-thought-out'