With 401(k) litigation increasing, plan advisors and plan sponsors need to know the latest laws as well as strategies attorneys are using to sue employers and advisors. BenefitsPRO's legal coverage includes news, analysis and updates on cases.
The Arkansas Teacher Retirement System said it had suffered losses as a result of abandoned risk controls on funds meant to weather severe market downturns.
Some have voiced concerns about complicated rules and regulations creating traps not only for the unwary, but for the many companies that sought assistance in good faith.