NEWS, IDEAS + UPDATES

Insights

2022 has been a very busy year for news in the retirement world

 

To recap what we have seen over the past several months, we are providing retirement plan fiduciaries and the committees they serve on with this brief summary of the issues of the day, and our thoughts on how plan fiduciaries should be approaching them.

 

Cryptocurrencies: Not Yet Ready for Primetime

 

In March of 2022, the Department of Labor issued a Compliance Bulletin that raised significant questions about the appropriateness of investing in cryptocurrencies within ERISA qualified retirement plans.  

Cryptocurrencies: Not Yet Ready for Primetime

 

In March of 2022, the Department of Labor issued a Compliance Bulletin that raised significant questions about the appropriateness of investing in cryptocurrencies within ERISA qualified retirement plans.  

The Hidden Dangers of Target Date Funds

 

ERISA experts warn that Target Date Funds are ticking time bombs of potential losses and liabilities. In fact, they expect the funds to be the next big thing in ERISA litigation, possibly eclipsing fee and expense litigation.

INSIGHT: Calling ERISA Ghostbusters—The Rise of Independent Fiduciaries

Settlement of ERISA lawsuits are increasingly including the hiring of an independent fiduciary to oversee plan processes.

Meeting the Demand for ESG Investment Options

Surveys show that employees and plan participants, particularly millennials, are requesting investment options in their 401(k) plans that implement ESG investment principles.

ERISA Settlement Mandates Fees and Independent Fiduciary Oversight

In a recent ERISA class action settlement, a 401(k) plan sponsor with close to $2 billion in assets, was forced to pay millions of dollars in damages and appoint an independent third-party fiduciary.

ESG Doesn’t Trump Fiduciary Principles

For plan sponsors, ESG investing is a hot topic of discussion.

ERISA Settlement Mandates Fees and Independent Fiduciary Oversight

In a recent ERISA class action settlement, a 401(k) plan sponsor with close to $2 billion in assets, was forced to pay millions of dollars in damages and appoint an independent third-party fiduciary.

Our Retirement System Isn’t Working the Way It Once Did

The retirement system in America presents real challenges to both plan participants and plan sponsors.

Plan Sponsors Must Focus on Cybersecurity – How Broad Are Their Fiduciary Shoulders?

Corporate America loves to manage its retirement plans.

Managing a Retirement Plan Doesn’t Have to Be a Headache

COVID-19 wreaked havoc on our economy.

Is It Time for Plan Sponsors to Rethink Retirement Plan Management?

The retirement plan system is broken – just ask corporate directors and C-suite executives who are responsible for these plans.

Supreme Court Wades Into Battle Over Fee Litigation

The Supreme Court will decide the fate of “excessive fee” litigation against defined contribution plans, as it has agreed to hear the case of Divane v. Northwestern University.

John Hancock ERISA Settlement Includes Appointment of Independent Consultant

For Years, ERISA experts have acknowledged the added value of appointing independent expert fiduciaries to run and monitor retirement plans.

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HF IN THE NEWS

Incorporating ESG into Retirement Plans

As seen in Global Banking & Finance Review®

 

ESG: Popular, But Not Simple

As seen in PlanSponsor.com®

 

Popular Posts

Meeting the Demand for ESG Investment Options

 

ESG Doesn’t Trump Fiduciary Principles

 

Our Retirement System Isn’t Working the Way It Once Did

Supreme Court Wades Into Battle Over Fee Litigation

ERISA Settlement Mandates Fees and Independent Fiduciary Oversight

John Hancock ERISA Settlement Includes Appointment of Independent Consultant

Bitcoin – Irrational Exuberance 2.0

Plan Sponsors Must Focus on Cybersecurity – How Broad Are Their Fiduciary Shoulders?

Is It Time for Plan Sponsors to Rethink Retirement Plan Management?

Managing a Retirement Plan Doesn’t Have to Be a Headache

Appointing an Independent Fiduciary May Keep Plan Sponsors Out of Court

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