Opinions |
Barry’s Pickings Online: They Got It Right
Clearly, the DOL listened to criticisms of its conflict-of-interest regulation.
Tag: Fiduciary
Edison Wins Dismissal of Excessive Fee Suit
The case had been remanded to an appellate court after a Supreme Court decision.
Participant Education Delivery May Change With Final Fiduciary Rule
It appears that non-fiduciary investment education will still be available under the DOL’s final fiduciary rule, though with some important...
Gruber Systems Ordered to Pay for Improper ESOP Purchase
The DOL won a consent judgment and order valued at $1.1 million on behalf of participants in a Gruber Systems...
What Plan Sponsors Should Know About the Final Fiduciary Rule
The final rule from the DOL scaled back on some requirements, but left others in place.
Products |
Investment Product and Service Launches
LMCG Investments adds to small-cap offerings; Voya Financial expands access to its target-date mutual fund series; Fringe Benefits Design partners...
Initial Reaction to Fiduciary Rule Mostly Positive
However, some concerns still linger for some groups.
Service Providers Start Final Fiduciary Rule Analysis
It will be some time still before the fiduciary rule language is fully digested by retirement plan service providers, but...
Final Fiduciary Rule Includes Requested Changes
The final rule ‘defines a variety of investment education activities that fall short of fiduciary conduct.’
DOL Weighs In on Fidelity Float Income Suit
The agency has asked an appellate court to reverse a district court’s dismissal of the case.
Merrill Lynch Cleared of Wrongdoing in Excessive Fee Case
A federal district court found that Merrill Lynch was not acting as a fiduciary under ERISA.
DOL and SEC Wade Into ERISA Stock Drop Debate
The DOL and SEC both filed amicus briefs in the long-running case Whitley v BP PLC, an ERISA stock drop lawsuit...
Questions from ICI on California Secure Choice Plan
The California Secure Choice Retirement Savings Program is meant to provide a voluntary, low-risk, auto-enrollment retirement savings plan for many...
Lehman Again Granted Victory in Stock Drop Suit
Reviewing the case in light of new pleading standards set by the Supreme Court decision in Fifth Third, a court...
Education Changes Are Likely With Stronger Fiduciary Rule
The “education carve-out” is considered by retirement plan providers to be one of the most high-stakes elements of the fiduciary...
Products |
Principal Offers Help with Fiduciary Responsibilities
A handbook and a couple of checklists help retirement plan sponsors get their fiduciary houses in order.
Retirement Plan Fee Suit Against TIAA Has a New Angle
It isn’t investment costs the lawsuit complains about, but postage costs for excessive mailings.
Plan Sponsors Face Risks in Fiduciary Rule Change
It’s not just financial advisers and investment providers that should be prepping for the final fiduciary rule to emerge from...
Applied Technology Systems Ordered to Pay Back Retirement Plan
The sponsor used plan assets for non-plan purposes.
Benefits |
Older Investors Prefer Advice in Person
A survey found Baby Boomers and Generation X lack trust in online financial advice.