October 2009

Plowing New Fields

Historically, securities lending has not been a fertile field for litigation, but that changed quickly with the market disruptions in the fourth quarter of 2008.

Acid Tests

Prudent plan sponsors know they must remain ever vigilant, even in the best of times. Yet, no matter how hard we try to develop systems and processes that will see us through thick and thin, we never really know if they are "good enough" until we hit the rough spots.

Duty Calls?

When it comes to qualified retirement plans, there are three kinds of people: people who are fiduciaries and know it, people who aren't fiduciaries and know it, and people who are fiduciaries and don't know it.

October 2009

PLANSPONSOR.com news articles that also appeared in the Upfront section of the October issue.

War Stories – October 2009

We all have them: those front-line experiences that are -inevitable when one deals with the variety—and sensitivity—of issues associated with human beings and critical life events.

What Do You Do on the Way to Work?

Over the course of my career, I've had various—and varying—commutes. Those have been everything from long train rides to short drives, and back to longer drives—and there was that period right after I joined PLANSPONSOR when my commute was just a matter of navigating the stairs in my house.

October 2009

Each month, Bells & Whistles highlights recent product introductions that plan sponsors may find of interest.

2009 Employee Benefits Attorneys Guide: Juris Prudence

Ours is a business bounded by laws—at least as much as any, if not more than most. If we are largely spared the intrusions of the occasional vagaries of competing state directives, there seems enough change and variation in the legal frameworks we operate within to more than compensate for the difference.

A Hidden Agenda

Small-plan 401(k) lawsuit targets three providers over allegations of excessive fees and inadequate disclosure

Property Tacts

Albert Einstein once said that a person who has never made a mistake never tried anything new. That is an encouraging perspective for those who make a living taking risks, a category that, these days, includes investors in commercial real estate, and who, in recent years, have made plenty of mistakes.

Below the Surface

12 things you should know about asset-allocation funds

Second Chances

Steven Harris, Dennis F. Ramos, on Behalf of Themselves and All Others Similarly Situated, v. Amgen, Inc., Frank J. Biondi, Jr.; Jerry D. Choate; Frank C. Herringer; Gilbert S. Omenn; Baltimore; Judith C. Pelham; Kevin W. Sharer; Frederick W. Gluck; Leonard D. Schaeffer; Robert A. Bradway; Retirement Benefits Committee of the Board of Directors of Amgen No. 08-55389 (9th U.S. Cir. 2009)

Directing the Plan

A client recently asked about the fiduciary responsibilities of the board of directors of the sponsor of a 401(k) plan. This column is a summary of my answer.