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July 9th, 2021 Information & Insights for the 403(b) Community Supreme Court Agrees to Consider Question About Plausible Claims in Excessive Fee Cases The high court granted a writ of certiorari requested by plaintiffs in a lawsuit against Northwestern University over fees in its two 403(b) plans. Webinar: Mid-Year Investment Review Join PLANSPONSOR and investment experts July 15 for a webinar in which they discuss the performance of equity and fixed income investments in the first half of the year and what is expected in the second half; investment types that are needed in retirement plans and/or target-date funds (TDFs) for participants to create/have proper diversification; and meaningful metrics to use for monitoring and selecting/deselecting investments for retirement plans. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” DOL Clarifies Its Stance on Providing Conversation Recordings, Transcripts to Benefit Claimants The claims regulation referenced in a DOL information letter applies to both health and welfare plans and retirement plans, but the letter is fairly limited in scope, an attorney tells PLANSPONSOR. Participants Need Guidance on Addressing Retirement Risks Providing Social Security education and guaranteed income investment options are among suggestions for how plan sponsors can help. Need for Greater Social Security Education Continues While 89% of U.S. adults said they were at least somewhat confident in their understanding of the benefit, detailed findings from Nationwide show most aren’t as knowledgeable as they think. 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