Defined Contribution

Picking one that thats suitable for a plan sponsors employees can be a tricky proposition.

The 10 largest class-action settlements in claims brought under ERISA topped $1.3 billion in 2014, almost 10 times the sum of the biggest settlements from the previous year.

Sponsors who use an objective, well-defined and transparent process for deciding how to handle revenue-sharing probably will not run afoul of ERISA.

The organization fears regulators will make it illegal for advisors to talk to participants about their best options at a critical moment in their lives.

Financial illiteracy poses as great a threat to employees as the traditional retirement crisis.

Business groups are instinctively opposed to these efforts out of fear of any new government mandates.