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Down goes Pentegra in a jury trial verdict

If you’re a 401(k) plan provider and think you can get away with charging sky-high fees while prioritizing your own bottom line, think again. A federal jury just reminded us all—fiduciary responsibility under ERISA isn’t just a suggestion,...

Harry Carson

My son, Jason, loves card shows. He loves meeting athletes, collecting autographs, and everything that goes along with it. And truth be told, part of the reason I encourage it is because it’s something I never had growing up. My father, because he hated spo...

A law school in Free Fall: My “love letter” to WCL

So here’s a fun little story: In 1997, I graduated from American University Washington ...

Experience can mean a lot of things

I always say that plan sponsors need a solid team: an experienced financial advisor, a co...

Gambling against a government audit is a bad bet

I love Las Vegas. Great restaurants, great shows, and five trips in a row without droppin...

Being aggressive on your mistakes could be a bad idea

Many moons ago, I got a call from a bank with a problem. For two decades—yes, twenty ye...

I will never understand a TPA asset based fee

Alright, listen—I’m stubborn. I admit it. There are just some things I don’t unders...

Affiliated plan providers of big plans get slaughtered

Following a jury’s decision to award over $38 million to a class of more than 26,00...

Choices are good unless it cannibalizes your business

You know what everyone’s talking about lately in the retirement plan world? Pooled Empl...