Among other things, the plaintiff alleges the plan
committee ignored the numerous warning signs that Chesapeake was an imprudent
investment for retirement assets, and allowed the plan to invest more than 44%
of its assets in this one stock.
After agreeing with a district court that employees sold
from Anheuser-Busch's controlled group of companies deserve enhanced pension
benefits, the 8th Circuit remanded the case back to the court for calculation
Among the many informative charts and graphs included in
the 2017 J.P. Morgan Asset Management Guide to Retirement are Social Security
timing break-even analyses and projected spending for individuals and couples
on Medicaid premiums—along with a look at when Roth might work best.
The firm leadership tells PLANADVISER many of its 14,000
advisers on the ground want to be able to utilize deeper fiduciary service
capabilities for the institutional retirement business. “This means our
advisers will offer ERISA 3(21) fiduciary service when providing retirement
investment menu advice or recommendations,” the firm says.