Plan Advisers Can Be Fiduciary Educators
The basics of fiduciary duties—overwhelming to some plan sponsors—can be an opportunity to provide critical education on fees and ERISA plan fundamentals.
Tag: Fees
Supreme Court Reaches Decision in Tibble v. Edison
A decision from the Supreme Court of the United States seems to solidify the “ongoing duty to monitor” investments as a fiduciary duty that is separate and distinct...
Index Fund Proxy Voting and Fiduciary Liability
One advisory team is urging retirement plan fiduciaries to reconsider the importance of index fund proxy voting rights under the Employee Retirement Income Security Act.
Advisory Firm Warns of Unmitigated Indexing Risks
One advisory firm doubts the wisdom of relying entirely on indexed products and portfolios.
Morningstar Shows Lowest Cost Funds Dominate Flows
The last decade saw an impressive 95% of investment fund flows go to the lowest-cost quintile, according to a new Morningstar report.
Calmer Perspectives on Tibble Fee Case
Despite enormous industry attention paid to the case, some attorneys say a pending Supreme Court decision in the Tibble vs. Edison retirement plan fee litigation may not be...
Initiative Seeks to Help Participants Investigate Retirement Plans
A former SEC attorney says retirement plan participant lawsuits don’t benefit anyone, but he has launched a new initiative designed to hold plan fiduciaries accountable for their actions.
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Leading the Charge
2015 PLANADVISER Adviser Value Survey - The Influence of Advisers on Retirement Plans
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Standards of Excellence
Congratulations to the 2015 PLANSPONSOR Retirement Plan Adviser of the Year winners and finalists!
Diverse TDFs Brought Diverse Returns in 2014
True or false: a given asset manager’s 2050 target-date fund will outperform its 2045 counterpart during a year of strong market growth and manageable volatility.
Global DC Plans Highlight Efficiency Trend
A new report from Vanguard shows the majority of its global retirement plan clients—some 90 companies holding $650 billion in plan assets across three or more countries—have taken...
DOL Requests Continued Authority for Fee Disclosure Collection
OMB approval for collection of information about service provider fees and conflicts of interest expires today.
SEC Gives OK for Non-ERISA Plan Fee Disclosures
Retirement industry advocates sent a letter to the SEC arguing fee disclosures regulations would also benefit participants of non-ERISA retirement plans.
Growth in CIT Use Driven By Familiar Market Factors
Despite a 75-year track record as an investment vehicle, some plan sponsors lack awareness of collective investment trusts and their reputation for low fees.
Ameriprise Financial Settles ERISA Fee Litigation
Ameriprise Financial has agreed to settle a closely watched Employee Retirement Income Security Act (ERISA) suit, Krueger v. Ameriprise Financial, for $27.5 million in plan reimbursements and remedies.
Court Dismisses Fidelity Float Income Suit
A federal district court has ruled float income is not a retirement plan asset belonging to participants.
Managed Accounts Show Little Fee Compression
Financial research and analytics firm Cerulli Associates finds managed account programs are more resistant to fee compression than other commonly used qualified default investment alternatives.
Investment Fees Dip for Small and Large Plans
Underlying 401(k) investment fees declined for both small and large retirement plans in 2014, according to the 15th edition of the 401k Averages Book.