Search results for: its true
Hewitt Expands Investment Consulting Reach
With the ink not yet dry on its merger nuptials with Aon, Hewitt Associates has announced a new acquisition.
Ex-Employee of Defunct Bank Files Stock Drop Case
A former participant in the 401(k) and employee stock ownership plan (ESOP) of a now-defunct Lincoln, Nebraska-based bank has filed a stock drop lawsuit against the plans' fiduciaries.
Gulf Oil 401(k) Suits Spill Over to Anadarko
Stull, Stull & Brody has started an investigation relating to the 401(k) defined contribution retirement plans of Anadarko Petroleum Corporation.
Feature: Down, but Not Out
Populist pressures weigh on nonqualified deferred compensation programs.
Settlement of Fannie Mae Stock Suit Gets Preliminary Approval
A federal court judge has given preliminary approval to a $7.25-million settlement of an Employee Retirement Income Security Act (ERISA) action against the Federal National Mortgage Association (Fannie...
Vanguard Brings in Wellington to International Explorer Fund
The board of trustees of Vanguard International Explorer Fund has approved adoption of a multimanager structure and the addition of Wellington Management Company, LLP, to the fund’s investment...
Equity Investors Gloss Over Market Risk
New research from The Vanguard Group suggests the watch phrase for equity investors should be: if it sounds too good to be true, it probably is.
DoL: No 404(c) Safe Harbor in Fiduciary Breach Case
Secretary of Labor Hilda L. Solis has warned a federal appellate court that protections for plan participants could be harmed if it does not overturn a lower court...
Perspective: Tough Times, Tough Choices
The impact of health care law on the future of qualified retirement plans.
intro
The Inside Scoop
Every year since 2004, I, along with an expert panel of judges, have undertaken a quest to quantify what makes a great adviser in the process of awarding...
fiduciary fitness
Protecting Yourself
How to deal with the DoL’s campaign against cross-selling (continued)
Court Tosses Company Stock Imprudence Claim
A federal judge in Georgia has thrown out claims by 401(k) participants that Beazer Homes USA breached its fiduciary duties by offering company stock as an investment option...
IMHO: Court “Case”
For all the fuss about fees, a recent friend of the court filing by the Department of Labor reminds us that it’s not just what you...
Solis Asks Court to Overturn Exelon Excessive Fee Case Decision
Secretary of Labor Hilda L. Solis has filed an amicus brief asking the 7th U.S. Circuit Court of Appeals to overturn a trial court's dismissal of a class...
Securities Class Actions on the Rise
The value and number of securities class-action settlements increased in 2009 from 2008, according to "Securities Class Action Settlements: 2009 Review and Analysis," an annual report by Cornerstone...
practice management
Out of Sight?
What can a relationship with the custodian of a plan's assets offer retirement plan advisers?
Medtronic Wins Company Stock Suit
A federal court has ruled that Medtronic Inc. did not breach its fiduciary duties by continuing to offer company stock as a retirement plan investment during a period...
cover story
Suiting Up
There’s now no denying it; retirement plan advisers are fiduciaries, or will be soon