Recordkeepers and Disclosure to Clients
Sep 19, 2019
Retirement plan litigation is on the upward trend with no signs of slowing down. Most of these cases involve excessive fee or proprietary fund claims. Many defendants are settling for millions...
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Mashed-Potato Pricing in DC Plans: How to Reclaim the Upper Hand
The goal of a fiduciary process is not to offer the cheapest fees, but rather determine what services the plan needs, then find the best quality of services at reasonable, competitive fees—driving value for the plan. We’ve allowed the selection of retirement plan service providers to slip into “mashed potato pricing”.
May 22, 2019
Creative practices by providers in how they bid retirement plans are great. But, how much additional liability do they create for plan sponsors? Let’s say you want to add a spare...
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BPAS Names SVP of Fiduciary Services
Jul 09, 2018
Utica, NY—July 6, 2018. BPAS, a leading national provider of DB, DC, HRA, and HSA plan administration, transfer agency, and collective investment fund and fiduciary services, has named Greg Woods, CIMA® as...
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Fiduciary Rule Delay
May 15, 2017
As anybody reading this should be aware, the DOL has issued a delay of the applicability date of its Fiduciary Rule which was slated to take effect on April 10, 2017....
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Tibble v. Edison: What’s an Advisor to do?
Find out what the case of Tibble v. Edison means for you and your fiduciary duties.
May 27, 2015
In Tibble v. Edison International, the Supreme Court was asked to decide whether a claim that fiduciaries breached their duty of prudence was barred by the statute of limitations when the...
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