by Matthew Spay | Jan 25, 2018 | Blog
Posted on September 21, 2017 by retirementtimesnewsletter A number of financial services companies have been the targets of lawsuits over alleged fiduciary breaches in their own 401(k) plans where the plan offers only the sponsor’s proprietary investment products....
by Matthew Spay | Jan 23, 2018 | Blog
Posted on September 19, 2017 by retirementtimesnewsletter A lawsuit filed against Principal Financial concerning its traditional stable value product alleges that Principal serves as a plan fiduciary with respect to this product and violated its fiduciary duties by...
by Matthew Spay | Jan 18, 2018 | Blog
Posted on September 8, 2017September 8, 2017 by retirementtimesnewsletter Illinois’ ongoing budget crisis highlights the challenges presented by the chronic underfunding of state pension systems nationwide. Illinois’ $250 billion in unfunded pension liabilities is a...
by Matthew Spay | Jan 16, 2018 | Blog
Posted on September 8, 2017September 8, 2017 by retirementtimesnewsletter Illinois’ ongoing budget crisis highlights the challenges presented by the chronic underfunding of state pension systems nationwide. Illinois’ $250 billion in unfunded pension liabilities is a...
by Matthew Spay | Jan 11, 2018 | Blog
Posted on September 7, 2017September 6, 2017 by retirementtimesnewsletter The ongoing saga of the DOL’s fiduciary rule is now in its eighth year. The rule was first proposed in 2010 and promptly withdrawn amidst much controversy. The rule was re-proposed in 2015 and...
