Employee dishonesty bonds are an important component of risk management plans for many types of businesses. Sometimes referred to as fidelity bonds, employee dishonesty bonds, just as the name implies, protect businesses from dishonest… Read Moreabout Employee Dishonesty Bonds Explained
Plan sponsors across the country are leaning in to employee interest in better understanding their retirement finances and plan options. Efforts to provide increased financial education and access to advisors are underway. Curbing financial jargon… Read Moreabout What Did You Say?
ERISA law experts remind us that the Department of Labor has robust investigatory resources dedicated to the pursuit and curtailment of fiduciary breaches and prohibited transaction rules. Amidst major enforcement priorities and projects, compliance basics… Read Moreabout Retirement Plans: Active Enforcement?
Remember 2019? Way back then, the SECURE Act mandated retirement plans to provide lifetime income projections to help participants understand their savings. What’s expected now? How is the retirement industry gearing up—and how’s it… Read Moreabout Income Projections: On Track?
Investment Choices: Up To Participants? No! The fiduciary responsibilities of retirement plan sponsors don’t stop with offering varied investment options and hoping participants get good results. Fiduciaries must exercise prudence with the options offered—and continuously… Read Moreabout Investment Choices: Up To Participants?
When used together, these words spell bad news for retirement plan fiduciaries. Indeed, building on the precedents set over the past years, another “excessive fee” lawsuit has been filed, this time by lawyers from… Read Moreabout Choices, Fees and Allegations
Increasingly, retirement plan sponsors are going beyond above and beyond ERISA’s requirements for the provision of plan communications that a wider diversity of employees can more readily understand. Industry experts share the latest on… Read Moreabout Going the Extra Mile: Multilingual Materials