PLANSPONSOR Weekend Newsdash
Week ending September 23rd, 2016
More lawsuits have been filed against retirement plan providers accusing them of self-dealing and getting kickbacks from advice providers. Bruce Ashton, partner at Drinker, Biddle and Reath LLP, shared his thoughts about what the outcome of the presidential election could mean for the employee benefits industry. And, our editor-in-chief, Alison Cooke Mintzer, discusses why recent excessive fee suits against 403(b) plans cannot be viewed the same as suits against 401(k)s. Enjoy this edition of PLANSPONSOR Weekend.
Editor's choice
Deals and People
Retirement Industry People Moves
VALIC expands leadership team; Wagner and McDermott hire new attorneys, and more.Read more >
Compliance
Participant Files Suit Over Advisory Fee Breakdown
A retirement plan participant accuses a well-known plan provider of delivering “no material services” in connection with certain advisory fees.Read more >
Compliance
Northrop Grumman Faces Lawsuit Alleging Self-Dealing
The complaint cites portions of key Northrop Grumman plan documents, challenging the process by which the company assembled and monitored both the administrative and investment committees.Read more >
Compliance
What the Election Outcome Could Mean for Employee Benefits
Bruce Ashton, partner at Drinker, Biddle and Reath LLP, shared his thoughts at the 2016 PLANADVISER National Conference about what the outcome of the presidential election could mean for the employee benefits industry.Read more >
Magazine
Insights: A Bad Juxtaposition
The recent law suits against 403(b) plans seem to argue that they should be mirrors of 401(k) plans—but anyone who works with 403(b)s knows that is not the case.Read more >
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MOST POPULAR STORIES
Another Schlichter Suit Targets Sponsor and Providers

Even cases that allege potential wrongdoing on the part of a service provider are often targeted exclusively at the plan sponsor. Not so in the latest suit filed by the law firm Schlichter Bogard & Denton.

2020 Recordkeeping Survey
Participants Are Saving More With ‘TDF-Plus’ Strategies

A new study finds participants who blended funds were on track to replace more of their pre-retirement income than those who did not.

The NQDC Market

Data on number of plans, participants and liabilities by nonqualified plan type, and a listing of the largest providers of section 409A plans and section 457 plans.

2020 Best in Class DC Providers

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

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