PLANSPONSOR Weekend Newsdash
Week ending October 14th, 2016
Hello, PLANSPONSOR readers. In this week’s news, we reveal how regulations outside the scope of retirement plans can affect retirement plans. Retirement savers should plan for financial shocks and there are ways employers can help them prepare for retirement expenses about which participants are anxious. Retirement plan participants have quickly jumped into a lawsuit against Wells Fargo regarding its recent scandal, and we also covered a stock drop case with a reverse twist. All this and more in this edition of PLANSPONSOR Weekend.
Editor's choice
How New Overtime Rules Will Affect Retirement Plans
The rules may add retirement plan related costs to employers, and could help or hurt nondiscrimination testing.Read more >
Plan Sponsors Could See Effects from SEC Final Liquidity Rule
Stronger liquidity rules for mutual funds and permitting ‘swing pricing’ could help long-term retirement investors.Read more >
Plan Sponsors Can Do More to Help Participants Prepare for Retirement
Even those already in retirement worry about health care and running out of money, indicating plan sponsors can introduce participants to health savings and lifetime income options, a survey finds.Read more >
Stock Drop Suit Targets Wells Fargo
In the new ERISA lawsuit, plaintiffs allege that plan fiduciaries knew well in advance about the problematic sales practices that have come to light in the last month.Read more >
Case About Forcing Participants Out of Company Stock Moves Forward
A court found eliminating ESOP participants’ right to invest in company stock is not a violation of ERISA’s anti-cutback provisions, but forcing participants with balances greater than $5,000 out of the plan may be.Read more >
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