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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.
A group alleges participants in CalSavers won't have the protections built into ERISA.
The SEC said its proposal will 'provide clarity' on the requirements of the best interest obligation -- but lawyers say it does not.
For years, some speculated that a ruling protecting restrictive arbitration agreements could extend to the investment brokerage industry.
No matter how committed the states are to the fiduciary rule, they may be out of options.
PBGC Director Reeder: Raising premiums too little too late for worst funded plans
Employees don't learn a company's values from a brochure: They learn it from absorbing the day-to-day culture.
The perfect may be the enemy of the good, but that shouldn't stop us from pondering a perfect fiduciary rule.
So far, 4 states have addressed the issue of conflicts of interest in the sales of investment products.
What is it that creates a fiduciary yoke between two people? It is a legal document we call a Limited Power of Attorney.
Illinois has actually made the pension problem worse since its highest court's ruling in 2015.