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Perhaps, after its all said and done, the end of the Mayan Calendar the Year 2012 will not mark the end of civilization as we know it. Maybe it just will just mark the beginning of the end of overpriced 401*(k) service providers.

Security Benefit Corp. is partnering with Mesirow Financial to launch a new 401(k) product with fiduciary protection.

Not-for-profit 403(b) retirement plans continue to grow and adapt to new regulations and a volatile economy, according to a new study by the Plan Sponsor Council of America. Many have taken to emulating their private sector counterparts in the 401(k) market, adhering to guidelines set forth in the Employee...

Merrill Lynch, Pierce, Fenner & Smith Inc. has settled allegations by the U.S. Department of Labor that the company and one of its employees violated the Employee Retirement Income Security Act by failing to prevent the fiduciaries of two Alabama pension plans from engaging in prohibited transactions.

The U.S. Department of Labors newly revised interim policy on electronic disclosure clarifies that plan administrators and their service providers will not be out of compliance with the Employee Retirement Income Security Act (ERISA) if they use continuous access websites to impart required disclosure information.

The only certainty there is in the coming year is uncertainty.

Fred Reish, well-known among advisors as the ERISA guru, recently predicted areas of relief that the Department of Labors Employee Benefits Security Administration will provide when it reproposes its rule amending the definition of fiduciary early next year.

The recessions impact on companies human resource budgets coupled with continued uncertainty over health care reform has spawned a whole new slew of objections that benefits professionals must overcome to get new businessor stop existing clients from inappropriately scaling back services.