Browsing Tag
ERISA
296 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.
The Ins and Outs of ERISA Fiduciary Insurance
Fiduciary liability insurance shields sponsors and fiduciaries from ERISA claims, covering errors, omissions and exposure risks.
Why the SEC Will Never Enact a Meaningful Fiduciary Standard
I continue to enjoy reading analyses on the SEC’s Best Interest proposal. These are analyses from industry leaders,…
Fidelity Faces Second 401(k) Lawsuit From Employees
Fidelity 401(k) lawsuit alleges mismanagement, excessive fees, and losses costing employees millions in retirement savings.
More Solutions Simplify Small-Biz 401(k)s
Small Business 401(k) solutions from MassMutual offer affordable pricing, fiduciary support, and turnkey plans with Aviator and Aviator Pro
How to Get a ‘Fiduciary Immunization’ Shot in the Arm
Any advisor who isn’t intimately familiar with (at least) the term “fiduciary” has been living under a rock…
How Well Can You ‘Follow the Flow’ of Money in 401ks?
As many plan fiduciaries can attest, retirement plan fees can be extremely complex and difficult to understand. This…
Everything is Awesome! Why 401(k) Plan Problems Go Undetected
When I was dating my wife, she asked about my credit score. I never checked it, but I…
New Fiduciary 3(38) Investment Advisory Service Announced
3(38) Fiduciary Services from Shelton Capital enhance retirement plan support, offering fiduciary oversight and expert management for 401(k) plans.
No Quick Exit for 401k Class Actions Over Proprietary Funds
A district court recently denied a motion to dismiss a 401(k) proprietary fund class action, continuing an overwhelming…
New Service Will Aid in 401(k) Fiduciary Advisor Search
401(k) advisor search service helps plan sponsors meet ERISA fiduciary duties when selecting and monitoring investment advisors.