Browsing Tag
Fred Reish
47 posts
Fred Reish: More on What ‘Best Interest’ Really Means (In the Real World)
In my last two posts (Bests No. 9and No. 10), I discussed the definition of the Best Interest standard…
Missing Participants and Fiduciary Responsibilities: A Risk for TPAs
The Department of Labor (DOL) is aggressively investigating the practices and procedures of plan sponsors with respect to…
Fred Reish: What Does Best Interest Mean . . . In the Real World?
Previously, I’ve discussed different definitions of a “best interest” standard of care. The point is that, while there…
Fred Reish: What Does ‘Best Interest’ Really Mean?
“Best Interest” has become part of the American lexicon …as an aspirational goal or a demanding standard—depending on…
Fred Reish: 401k Sponsors in Serious Need of Fiduciary Training
In three earlier posts about the Sacerdote v. New York University decision, I discussed the good and the bad…
Fred Reish: SEC Best Interests . . . When? And What About the DOL
The Regulatory Agendas for the U.S. Securities and Exchange Commission (SEC) and Department of Labor (DOL) were recently issued.…
Fred Reish: Best Practices of Good 401k Processes
Previously, I discussed the Sacerdote v. New York University case and the “bad” and “good” behavior of committee members.…
Fred Reish: Court Rules in 401k Fiduciary’s Favor
As I previously discussed, the Court’s opinion about the case of Sacerdote v. New York University pointed out the deficiencies in…
Fred Reish: A Baseline for Acting in 401k Participants’ Best Interest
The recent decision in the case of Sacerdote v. New York University is a classic story of the…
Fred Reish: DOL Wants to Audit …Now What?
It’s always unpleasant when a TPA gets a call or a letter from the Department of Labor (DOL)…