What might it look like if a lawsuit alleging excessive fees—and failure to adequately monitor service providers—landed on your desk? For starters, piles of plan documents and records—including minutes from meetings about the plan—would… Read Moreabout Ready?
Law experts explain the uptick of class action suits alleging mismanagement of retirement plans by fiduciaries. Although courts have dismissed a few of the cases, most of the motions to dismiss have been denied…. Read Moreabout Summing Up: ERISA Litigation
88% of small business owners fear cybersecurity threats to their businesses—and with good reason. The dramatic rise in cybercrime makes it hard to keep up with the various tactics in play, and small businesses… Read Moreabout Cyber Threats To Small Businesses?
Gaps in retirement security persist based on gender, race and ethnicity. Accordingly, the Department of Labor’s Advisory Council on Employee Welfare and Pension Benefit Plans has made recommendations aimed at improving the retirement outcomes… Read Moreabout ERISA Advisory Council Recommendations
Money and data—that’s the obvious answer to why cyber criminals continue to come up with new ways to access our retirement accounts. In the face of growing threats, ERISA law experts are urging retirement… Read Moreabout Treasure Trove for Cyber Criminals
As workers across the country continue to evaluate their priorities and possibilities, their expectations are clear: more money and better benefits. Surveys find that when considering job shifts, yes, employees are looking for salary… Read Moreabout Retirement Plans Attract Talent
Though not a widespread issue, employers who delay or fail to make the appropriate contributions to the retirement plan are a concern for all. Accordingly, the U.S. Department of Labor has issued a list… Read Moreabout Warning Signs: Contribution Fraud?
Who approves beneficiary designation forms? Enrollment materials? What about adjustments to employer’s discretionary contribution? Ever notice how many “routine decisions” are being made for the 401k plan? How confident are you that all decisions… Read Moreabout Who Decides?
Due dates are fast approaching. Here is a helpful snapshot to make sure you are in compliance and avoid penalties. Get the scoop on efficient, effective and affordable cyber and fiduciary liability protection designed especially… Read Moreabout Upcoming Deadlines for Plan Sponsors
