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
TRIVIAL PURSUITS: Residents of the Island of Misfit Toys
December 17, 2013 (PLANSPONSOR.com) – Who/what were the residents on the Island of Misfit Toys in “Rudolf the Red-Nosed Reindeer?”
Federal Student Loan Forbearance Is Ending, but Many Employees Aren’t Prepared
Experts say employers have an opportunity to help with the financial burdens their workers face as they prepare to start paying their debt off again.
2021 Recordkeeping Survey
IRS Announces 2022 Retirement Plan Contribution and Benefit Limits

Most defined contribution plan participants can defer up to $20,500 to plans in 2022.

To Attract and Retain
A strong retirement plan is key in a competitive employment environment.

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

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