It’s been a busy week here at PLANSPONSOR as we’ve announced finalists for our 2016 Plan Sponsor of the Year awards. It’s also been a busy week for the Department of Labor, which announced retirement initiatives to be included in the President’s 2017 budget and has sent its fiduciary rule language to the Office of Management and Budget for review. You can read about all of this as well as other top retirement industry news in this week’s edition of PLANSPONSOR Weekend.
Target-date funds and other qualified default investment alternatives (QDIAs) are often thought of as set-it and forget-it investments, but new data from J.P. Morgan Asset Management highlights some troubling behaviors among participants invested in their plan’s default.Read more >
Share the good news with a friend! Pass the Dash along – and tell your friends/associates they can sign up for their own copy.Read more >
The defendant in the case, CommonSpirit Health, was accused of committing fiduciary breaches in the provision of an active target-date fund suit—allegations rejected both in district court and on appeal.