Search Results

A lawsuit against the University of Pennsylvania over the use of multiple recordkeepers in its 403(b) plan was dismissed by a federal judge, who said the "duty to offer choice is more pronounced in plans as large as Penns."

In order for the ACA to work, everyone needs to participate in the health care system to spread the risk.

Even though full implementation of the fiduciary rule has been delayed, there are still actions advisors need to take.

You dont drive to work with the power of a real horse, so why should your retirement rely on a 19th century retirement vehicle?

Asset managers face greater risks to reputations when their 401(k) plans are sued for offering their own investments -- and plaintiff's lawyers are leveraging that.

Rachel Miner is an employee benefit strategist at Employee Benefit Advisors of the Carolinas, LLC.

Under the fiduciary rule, contracts can't waive investors' right to bring class-action lawsuits -- but the DOL is not going to enforce that.

Some of the biggest and most trusted names in finance, along with some other big companies, have been hit with large-scale litigation stemming from alleged abuses of that trust in recent years. Here are five of the most notable recent cases against 401(k) providers.