Missed Opportunity: Asset Diversification
A comprehensive new analysis from Georgetown University’s Center for Retirement Initiatives points to opportunities for target-date funds to increase returns by adding illiquid options to the mix and calls on regulators to provide a…
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SNT: Duties of The Trustee
Appointing a trustee to administer any trust is a big deal, but extra diligence is important when it comes to special needs trusts (SNTs). A trustee must be extraordinarily thoughtful when making decisions for…
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Probate in New York: The Surrogate’s Court
In New York State, the process of bringing the affairs of a “decedent” to closure is overseen by the county Surrogate’s Court. Asset distribution is determined by the will, when there is one, and…
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Normalish? Airports Are Building
Reassurance that things are normalish post-pandemic might be found in the fact that airports around the country are ambitiously constructing expansions. True to its reputation, Texas is leading the charge with four big builds….
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Building For The Cloud? Data Centers!
It turns out that all the data in our “cloud based storage,” has to actually live in a tangible space–built by contractors, including, of course, electricians. As our technology usage in life and on…
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Hacking People? Social Engineering!
Social engineering tactics in use by cybercriminals rely on us to be human, and thus vulnerable to emotions like excitement, fear or urgency. As a result, cybercriminals do not have to be wizards on…
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Wronged Participants?
As every retirement plan sponsor knows, careful stewardship of the savings of participants is not just the right thing to do: it is a fiduciary duty governed by ERISA. With more and more…
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Regulatory Jenga?
That’s what juggling benefit plan regulations, existing and emerging often feels like to plan sponsors– are not they’re not alone. Assistant Secretary of Labor, who leads the Employee Benefit Security Administration (EBSA) describes efforts…
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Flawed And Reckless Provider Selection?
Although courts have dismissed some of the excessive fee allegations against retirement plan fiduciaries, claims show no sign of stopping. In fact, ERISA experts point out that lawyers for plaintiffs, having learned from the…
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