Browsing Tag
Jerome Schlichter
38 posts
A Decade of 401(k) Specialist: From Upstart to Industry Voice
Ten years ago, we set out to provide the best information and resources available to help retirement plan advisors improve the retirement outcomes of Americans. Today, it stands as the industry’s leading independent voice—built on belief, storytelling, and support from partners who share the mission.
Jerry Schlichter Preps Advisors for Fiduciary Rule Changes
The DOL’s new fiduciary rule is scheduled to become effective in September, and retirement plan advisors and plan…
‘Reckless’ Jerry Schlichter Slammed (Again) in Empower’s Win
He is 'personally liable for Defendants’ excess costs, expenses, and attorney fees,' according to the judge
401(k) Market Minute: Sorry Schlichter, a New 401(k) Tort Terror Takes Over
Anything and everything you need to know about the dramatic rise in excessive 401(k) fee litigation is in…
401(k) Market Minute: Major Win for Jerry Schlichter, Target Date Fiduciary Traps, and More
Here's what's happening.
Supreme Court Hears Northwestern University Fiduciary Breach Case
Hughes vs. Northwestern University is only the second excessive fee case to reach highest court
Schlichter Hit for $1.5 Million for ‘Reckless’ Fiduciary Claims
Correction: The allegations against Great West Capital Management were not for an ERISA breach, rather a violation of…
Schlichter Targets Pentegra MEP in Latest Excessive 401k Fee Lawsuit
A lawsuit was filed earlier this week in U.S. District Court in New York City against Pentegra Retirement…
2020 on Track for Fivefold Increase in 401(k) Lawsuits
According to a new analysis from Bloomberg Law, proposed class action lawsuits claiming excessive 401k plan fees are…
The Worst 401(k) Plan in America
Recently, one of my 401(k) plan clients for whom I serve as a fiduciary advisor was audited by…