Studies find that retirement plan participants crave more clear communication. Jargon is off-putting for everyone—and especially for Generation Z and Millennials. Industry experts conclude that even small changes can increase clarity, understanding and engagement. What… Read Moreabout Retirement Lingo: Scratch The Jargon
If you are a plan sponsor, responsible—that’s you. In fact, ERISA law obligates you to be more careful with the retirement assets of your employees than you are with your own money. Irresponsibility—whether or… Read Moreabout Responsible?
That’s what ERISA legal experts advise plan sponsors to do. For example, when you buy a cup of coffee, you know how much you are paying, right? What about the retirement plan fees your… Read Moreabout Love the Details!
No retirement plan sponsor sets out to fail in their fiduciary duties. Running a small business can be exhausting, though, with good intentions ending up on the bottom of the to-do list. Pension experts offer… Read Moreabout Apathy and Fiduciary Liability?
Were you diligent in your service provider selection process? Are your retirement plan fees too high? Right now, these are especially critical questions for plan sponsors from small businesses. ERISA litigation is having a “trickle… Read Moreabout Fiduciary Lawsuits and Small Businesses
In the face of heightened and ongoing security threats, the Society of Professional Asset Managers and Recordkeepers (SPARK) has developed specific recommendations about what plan sponsors can do to prevent retirement account fraud. The suggestions… Read Moreabout Fraud Control and Retirement Accounts?
Experts observe that during the pandemic, participants started asking more questions about investment plans and fees, ultimately pointing to flaws that hinder retirement savings to thrive. Now, a swell of new ERISA lawsuits are advancing… Read Moreabout Flawed Retirement Plans?