Working with 401(k) plans as a benefits broker might seem like the holy grail of benefits work, but financial advisors and agents should first figure out why they want to do it and what value they can offer to plan sponsors before they begin prospecting.
Settlement will restore funds to about 1,400 retirement plans, alleging that the company failed to disclose its policy on correcting transaction errors
The Pension Benefit Guaranty Corporation filed a $97 million lawsuit against The Renco Group Inc. and its affiliates for attempting to evade their pension obligations.
Expect some action on the part of the federal government, including a proposal for automatic IRAs for many workers, as retirement reform dovetails with tax reform.
The U.S. Government Accountability Office (GAO) recently conducted a study of U.S. Department of Defense contractors and the defined benefit pension plans they sponsor.
Ullico Casualty Group will begin writing and renewing multiemployer and goverment fiduciary liabilty and union liability policies through Alterra America.