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Displaying 226 results for: Data Breach
ERISA 08.30.2023

New Theories of Liability

  New trends in claims against retirement plans (and their fiduciaries) include allegations of imprudence related to investment fund choices. Even as excessive fee litigation claims brought in 2022 continue to clog up courts, new…
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New Theories of Liability
ERISA 08.22.2023

ERISA: Civil Violations? 

  Yes, the Department of Labor’s Employee Benefits Administration (EBSA) regularly pursues violations of ERISA, recovering funds for retirement plan participants. Civil corrections, litigation and even criminal indictments are all possibilities for plan fiduciaries under…
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ERISA: Civil Violations? 
ERISA 08.22.2023

Weeding Out Claims?

  Despite hopes that a “heightened standard” for excessive fee claims would result in plan sponsors winning more motions for the dismissal of ERISA lawsuits, the fact is: plan sponsors are losing even more motions…
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Weeding Out Claims?
ERISA 08.17.2023

Keeping Assets In Plan: Rocket Science?

  Most plan sponsors want the assets of retired workers to stay in the plan, but why would workers want to keep their assets with a former employer? Experts say it’s not rocket science: just…
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Keeping Assets In Plan: Rocket Science?
ERISA 08.17.2023

Proper Use of the ERISA Budget Account

  Improper use of the ERISA Budget Account associated with an employer sponsored 401k plan, even if merely a mistake, is a fiduciary failure which can lead to investigations, penalties, and criminal charges brought by…
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Proper Use of the ERISA Budget Account
ERISA 08.08.2023

Juggling Act?

  Plan sponsors have always had a lot to juggle but lately the juggling has gotten harder. If you are feeling the stress, you are not imagining it: the scurry around SECURE 2.0, pending new…
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Juggling Act?
ERISA 08.08.2023

Cyber Threat Acceleration: ChatGPT

  Here’s a scary reality: cyber criminals are using ChatGPT to up their game. In fact, novices are even using ChatGPT to write malware. Phishing emails? Yes, ChatGPT is writing those too. Cybersecurity experts remind…
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Cyber Threat Acceleration: ChatGPT
ERISA 08.03.2023

Anyone–and Everyone: ERISA Lawsuits

  A recently filed ERISA lawsuit underscores a scary reality: essentially anyone, and everyone, involved in the management and administration of a retirement plan can be personally named in the allegations. In addition to sweeping…
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Anyone–and Everyone: ERISA Lawsuits
ERISA 07.31.2023

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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Missed Opportunity: Asset Diversification