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.
RiXtrema Releases DOL Fiduciary Rule Checklist
The company released its DOL Fiduciary Rule Checklist on Tuesday, in which advisors answer specific questions to ensure regulatory compliance.
Gucci Dressed Down in Latest 401(k) Lawsuit
Gucci America Inc. is the latest company to be sued over the fees associated with its retirement plan.…
5 Critical Factors To Consider in Fiduciary Accounts
How important is it to require three years of live history before considering certain investments in fiduciary accounts. Fi360's Faustino breaks it down.
The Risk of 3(38) Fiduciary ‘Flexibility’
Most plan sponsors engage a fiduciary 3(38) investment manager because they do not have the required expertise. Here's what we mean.
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…