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Introducing the 2022 PLANADVISER Vision Awards
With the inaugural edition of the award, we recognize WIPN—WE Inspire. Promote. Network.—and Bradford Campbell, partner at Faegre Drinker and former head of the Employee Benefits Security Administration.
Insurer Calls Majority of Excessive Recordkeeping Fee Claims ‘Bogus’
Daniel Aronowitz, of Euclid Fiduciary, says a whitepaper published by his firm is meant to give perspective on which cases are illegitimate.
How Thoughts About the SEC’s Regulation Best Interest Have Evolved
Nearly two years into the enforcement of Reg BI, debate continues about its influence on the advisory and brokerage industries.
Wells Fargo Agrees to Pay $32.5 Million to Settle ERISA Suit
The lawsuit accused Wells Fargo of using its 401(k) plan to seed new proprietary funds, among other things.
Crypto Investing and Financial Literacy Across Generations
While most people in each generation still expect to rely on traditional income sources such as 401(k)s and Social Security in retirement, cryptocurrency has also made it onto...
PNC ERISA Lawsuit Partly Clears Dismissal Motions
While the case has previously been dismissed, the plaintiffs have had better success with their amended complaint, such that key parts of the lawsuit can now advance to...
Ruling Permits Key Parts of Pentegra ERISA Suit to Proceed
While some aspects of the plaintiffs’ complaint have been dismissed, the core allegations in the complaint can now proceed to discovery and potentially to trial.
Senators Call for GAO Review of Spousal Protections in DC Plans
A bipartisan pair of U.S. senators are calling on the oversight agency to examine the need for stronger spousal protections in defined contribution retirement plans.
Order in Kimberly-Clark ERISA Suit Instructs Plaintiffs to Replead Case
While the order determines that outright dismissal at this stage is inappropriate, it also notes that the plaintiffs need to file an amended complaint in order for their...
Workers Look Past the Pandemic to Retirement
Many Americans are concerned about the impact that inflation will have on their retirement savings, but despite the general unrest in the workforce, people are growing more optimistic...
Financial Literacy Commission Eyes Climate Change and Crypto Scams
During a recent hearing, members of the commission discussed the interplay of climate change, crypto assets and the financial wellness of everyday Americans—pledging to take coordinated actions to...
Partners Healthcare Defeats ERISA Actuarial Equivalence Lawsuit
The case has a complex procedural history that has seen rulings issued both in favor of the plaintiffs and in favor of the defense.
Misperceptions About TDFs Giving Participants a False Sense of Security
Many think the funds are guaranteed, a study finds, so more education is needed.
High Hopes for Legislative Progress in Late 2022
Taking a cue from the process that led to the adoption of the SECURE Act in late 2019, one retirement industry policy advocate says the odds are good...
Most Individuals Not Considering Social Security’s Part in Retirement Income
Study findings suggest that communicating about Social Security’s online portal could improve retirement preparedness, especially for low-income employees.
Improving Outcomes | Plan Design
Getting to Yes
When alignment on plan-design changes requires overcoming common objections.
Improving Outcomes | Plan Aggregation
The Full View
The merits of pulling in participants’ external financial information.
Data Points
Opportunities Abound for Micros
The smallest DC plans do have means to catch up to their larger peers.
ERISA vista
An Objectivity Lesson
The more objective the presentation, the less likely it will seem like advice.
Where Student Loan Debt, Retirement Savings and Financial Wellness Intersect
Research and advisory experts share their perspectives on how student debt affects workers and employers, while offering insights on the intersection of financial wellness and retirement planning.