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July 22nd, 2022 Information & Insights for the 403(b) Community Workforce Challenges for State and Local Employers State and local governments’ workforce challenges have been worsened by the COVID-19 pandemic and the Great Resignation, a survey shows. SEC Secures Sizable Settlement From Equitable Financial According to an SEC announcement, Equitable gave investors the false impression that their quarterly account statements listed all fees paid during the period. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” ERISA Lawsuit Levelled at Another Health System The complaint alleges that an imprudent fiduciary process resulted in the selection and maintenance of several funds in the plan that ‘wasted assets because of unnecessary costs.’ Excess Fee Claims Are Often ‘Bogus’ Defense attorneys should fight these lawsuits more often, one insurer says. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 400, Rockville, MD 20850