Browsing Tag
Regulation
215 posts
Regulation refers to the laws and rules established by government agencies to ensure the fair and secure operation of retirement savings programs like 401(k)s. These regulations, primarily under ERISA, the IRS, and the Department of Labor (DOL), set standards for plan management, fiduciary responsibility, contribution limits, disclosure requirements, and participant protections. The goal is to safeguard employee benefits, promote transparency, and hold plan sponsors accountable for managing retirement assets responsibly and in the best interests of participants.
Secretary Galvin Slams SEC Fiduciary Rule ‘Fail’
SEC Fiduciary Rule draws sharp criticism from William Galvin, who says it fails to protect investors’ best interests effectively.
401k Target Date CITs with ‘Built In’ Fiduciary Monitoring
Combine TDFs, CITs and fiduciary responsibility and it’s sure to get 401k advisor attention. Manning & Napier announced…
Eyepopping Unfunded Pension Debt Reinforces 401(k) Need
The Pew Charitable Trusts analyzed the state pension funding gap for fiscal year 2016, the most recent year for which comprehensive data were available for all 50 states.
Home Depot Accused of Shoddy 401(k) Construction
Home Depot ERISA lawsuit claims poor 401(k) fund choices and high fees harmed retirement savings.
Legal Powerhouse Forms ‘Fiduciary Governance Group’
Fiduciary Governance experts at Stradley Ronon guide financial institutions through complex fiduciary rules and compliance challenges.
6 Easy Steps to Get Sued Over Your 401(k) Plan
As employee benefits lawyers, we spend a lot of time telling retirement plan sponsors how to follow the…
What 401(k) RESA Legislation Means for MEPs and PEPs
A stand-alone pension bill that re-introduces the concept of a Pooled Employer Plan (PEP) surfaced in the Senate…
Regulator Galvin Investigates Wells Fargo’s 401k Rollover Recommendations
The hits keep happening. Massachusetts Secretary of Commonwealth William Galvin has opened an investigation into Wells Fargo Advisors,…
What to do About Small and Missing 401(k) Accounts
Elizabeth Warren is on the hunt—for small and missing 401(k) accounts. The Massachusetts senator and liberal gadfly reintroduced…
Sloppy Scottrade Fiduciary Slip Completely Self-Inflicted
Regarding its ongoing drama with Spitzer mini-me William Galvin, a simple misstep might have done Scottrade in—and it…