Browsing Tag
ERISA
282 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.
T. Rowe, Mesirow Make Big 401k Fiduciary Announcement
The “3s”—meaning 16, 21 and 38—are all the rage at the moment, and for good reason. Fiduciary regulation…
401(k) Tort Terror Schlichter Defeated by Chevron
Chevron 401k lawsuit ends as judge rules against plaintiffs, dismissing claims of conflicts, excessive fees, and fiduciary breaches.
How to Document ‘Best interest’ in 401(k) Rollovers
Many RIAs think that because they are already 401(k) fiduciaries, the DOL Rule has little or no impact on them. Nothing can be further from truth.
Is DOL Already Backing Away from 401k Fiduciary Enforcement?
Big fiduciary news—and could signal a broader DOL policy shift under President Trump. While normally bullish on filing…
Nationwide Goes Big With 401(k) Fiduciary Services Addition
Nationwide is teaming with IRON Financial to provide 3(21) investment fiduciary services. Nationwide claims it allows for retirement…
How to Be Compliant AND Competitive
The video titled “Jason C Roberts Pension Resources Institute” features an interview with Jason Roberts from the Pension…
The Fiduciary Rule Delay is Really Bad – Here’s Why
ERISA expert Ary Rosenbaum clues us in on why (he believes) this is the best the industry will…
Are 401(k) Advisors Finally Getting 3(38), 3(21) and 3(16)?
The need has never been more important in the 401(k) space. So why don’t more advisors get it?…
Republicans Vote to Block Government-Run 401(k)s
Senate Republicans launched the first salvo Wednesday in repealing Obama-era legislation meant to cover workers who lack access…
Retirement Plan Progress with One Major Step Backward
The typical ERISA qualified plan has come a long way over the past 25 years; fees have come…