Changes Plan Sponsors Would See with New Fiduciary Rule
With so much industry attention fixed on the DOL’s proposed fiduciary rule language, plan sponsor clients will undoubtedly be asking, “What does it mean for us and our...
Tag: Fiduciary
Broad Strokes of New Fiduciary Rule Outlined by DOL
New rule language outlined by the Department of Labor will increase the number of advisers and brokers required to act as fiduciaries for investment clients.
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.
Real Estate Services Firm Settles Stock Drop Case
LandAmerica Financial Group will pay $5 million to settle claims it held company stock in its 401(k) plan when it was imprudent to do so.
DOL Announces Fiduciary Responsibilities Seminars
The Department of Labor is hosting educational seminars during May and June that can help plan sponsor clients better understand their roles and responsibilities as retirement plan fiduciaries.
Some Advisers Aren’t Fretting the Fiduciary Fight
Significant retirement industry attention is fixed on the potential negative implications of a stronger fiduciary standard, but some advisers are actually looking forward to the new rulemaking.
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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!
FRA PlanTools Outlines Compliance Enhancements
FRA PlanTools says its compliance solutions have been “re-engineered from the ground up” to better serve Employee Retirement Income Security Act (ERISA) fiduciaries.
DOL Requests Continued Authority for Fee Disclosure Collection
OMB approval for collection of information about service provider fees and conflicts of interest expires today.
IRS Modifies Compliance Resolution System
The Internal Revenue Service (IRS) has announced modifications to Revenue Procedure 2013-12 to make miscellaneous changes designed to...
NYC Comptroller Proposes State Fiduciary Standard
New York City Comptroller Scott Stringer has proposed a state law requiring financial advisers to disclose whether they put their own financial interests ahead of their clients’ needs.
Court Dismisses Fidelity Float Income Suit
A federal district court has ruled float income is not a retirement plan asset belonging to participants.
Blue Prairie Group and PSCA Offer ERISA Course
Blue Prairie Group is partnering with the Plan Sponsor Council of America to provide an online fiduciary training program for clients impacted by the Employee Retirement Income Security...