Tag: Fiduciary

Circuit Courts’ Conflict on DOL Fiduciary Rule Could Persist

The fact that two U.S. Circuit Courts of Appeals, the Fifth and the Tenth, have issued conflicting rulings about the propriety of the DOL’s process in creating and implementing a stricter fiduciary standard, leaves the retirement plan industry with a number of challenging questions.

Connecticut State Treasurer Makes Compelling Case for ESG

An open letter penned by Connecticut State Treasurer Denise Nappier presents an articulate defense and endorsement of ESG investing programs—in this case suggesting divestment from gun manufacturers may be in the best long-term financial interest of the state’s pensioners and other stakeholders.

Transamerica Requires TPAs for Small Plans, Reflecting Competitive Landscape

Our series of behind-the-scenes articles speaking with new and established retirement plan service providers about their biggest challenges and opportunities turns next to Transamerica—which has instituted a requirement that new plan sponsor clients under a certain asset size must utilize a retirement specialist third-party administrator.