PLANSPONSOR Weekend Newsdash
Week ending January 8th, 2016
Happy Friday and Happy New Year PLANSPONSOR readers! Our coverage proves it’s never a dull year for the retirement plan industry, as the new year started with a couple more excessive fee suits being filed against plan sponsors and providers. It could be an interesting year for church plans, with ongoing litigation and new legislation finally passed. New guidance from the IRS anticipates the release of pre-approved 403(b) plan documents. An uptick in the number of participants who understand target-date funds shows results coming from the Pension Protection Act, which celebrates its 10th anniversary this year—something we will be delving more into in the months to come. All this and more in the latest edition of PLANSPONSOR Weekend.
Editor's choice
Compliance
'Largely Unpredictable' Which Sponsors Could be Sued by Participants
One attorney specializing in ERISA litigation suggests the pace of excessive fee lawsuits is gaining more momentum in 2016.Read more >
Compliance
Church Plan Legislation Finally Gets Passed
Lawmakers’ repeated efforts to clarify the application of certain tax and retirement laws and regulations to the church retirement plans have come to fruition.Read more >
Participants
More Participants Understand TDFs
The retirement plan industry is approaching the 10-year anniversary of the Pension Protection Act, a law that has clearly impacted participant investing knowledge and behavior.Read more >
Data and Research
Individuals Want to Address Current Financial Challenges
A study finds budgeting, managing credit card debt, and paying off student loans were all higher financial priorities for 100,000 individuals profiled.Read more >
Compliance
IRS Guidance Shows Anticipation of Pre-Approved 403(b) Plans
The IRS has issued updated procedures for requesting letter rulings and has made changes to VCP fees.Read more >
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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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