ERISA

New stock drop suit filed….this time against Kraft Heinz

Another 403(b) fiduciary duty breach case settles

Fidelity faces another 401(k) suit for alleged excessive fees

Per a recent Pensions & Investments report, Fidelity is facing another 401(k) lawsuit for alleged excessive fees as record keeper.

Hurdles to greater DC plan adoption of ESG products

Another 401(k) suit targets use of affiliated funds

DOL, Galvin scrutinize certain mutual fund fees charged to 401(k) plans

SCOTUS to hear case on 401(k) lineup heavy with private equity funds, hedge funds and other alternatives?

Bloomberg Law is reporting that Intel is asking the US Supreme Court to take up the Ninth Circuit’s ruling that ERISA’s statute of limitations doesn’t run until the participant has actual knowledge of an ERISA violation. Intel has been challenged under ERISA for the amount of exposure participants had to private equity funds, hedge funds and commodities.

Plan sponsors continue their scrutiny of fees

Ignites is reporting on a new Callan survey that found plan sponsors continue to focus on plan fees, including indirect compensation. Switching to lower cost share classes and even incorporating more CITs remain popular avenues to trim plan costs.

NYC-managed auto-IRA on the way?

Media coverage of our 2019 fiduciary predictions