Tag: Fiduciary

The Department of Labor says the fiduciary diverted tens of millions of dollars in plan assets for their own personal...

Barbara Roper, who is known for her extensive work on financial services consumer protections as a leader of the Consumer...

Retirement plan fiduciary breach lawsuits question the use of revenue sharing far more commonly than they criticize its absence.

The defense’s dismissal motion has been met with skepticism by the presiding district court.

The title of the regulation also suggests it will address the related but distinct issue of proxy voting advice and...

The plaintiffs in a new fiduciary breach lawsuit say they have been misled by a financial adviser into buying commission-based...

It’s important to assemble the right people with the right tools to make a retirement plan committee as efficient as...

Today’s recordkeepers, advisers and plan sponsors all view outsourcing as part and parcel of a retirement plan’s day-to-day operations.

ERISA attorneys advised plan sponsors to shore up their cybersecurity efforts and continue regular benchmarking work.

A district court has ruled that plaintiffs have raised sufficient factual questions to make preliminary dismissal of their challenge inappropriate—though...

CDI Corp. admits no wrongdoing in the settlement agreement, which closely resembles settlements reached in other excessive fee suits, apart...

The complaint seeks to tie alleged business challenges that were being experienced by Russell Investments with the choices made by...

The firm says it gives sponsors a way to document the fiduciary oversight process and provides assurances to senior management...

FUTUREADY401K features a professionally managed investment lineup and lets sponsors know how many employees are on track to reach their...

It sets forth questions an investor can ask potential advice providers and information to help them understand the purpose of...

Thirty-five fiduciary advocates and leaders have created the center, which will be affiliated with at least one university, to help...

The complaint suggests USI and its officers have not operated the company’s retirement plan benefit prudently or loyally.

The lawsuit suggests the defendants chose and maintained Principal investment products and plan administration services because Principal, its subsidiaries and...

The mixed ruling comes in response to the Land O’Lakes defendants’ motion to dismiss the suit based on a lack...

The complaint alleges the defendants failed to choose less costly and equally or better-performing investment options for the plan, or...