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week ending May 1st, 2020
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Since the record market drop caused by the coronavirus pandemic, major stock indices have been on a wild rollercoaster ride. While there are early indications that most retirement plan participants have been holding steady with their investment allocations, it never hurts to keep reminding them to maintain a long-term strategy. Plan sponsors also must keep the end goal in mind when monitoring investments and making decisions. This edition of PLANSPONSOR Weekend offers help for communicating with participants as well as for plan sponsors to perform their fiduciary duties. Wishing everyone a safe and happy weekend! |
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Editor's Choice |
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Popular Reads |
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Compliance
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Trustee Sued Over Retirement Plan Account Fraud
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The lawsuit claims the trustee allowed an unauthorized person to take a distribution from a participant’s account and that the trustee is refusing to provide information to help remedy the situation.
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