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The big problem with an ancillary line of business

As a plan provider, it makes sense to create an ancillary line of business if it’s a nat...

The problem with policies

Most 401(k) plans have an investment policy statement to serve as a blueprint on how and w...

Don’t gamble for a DOL audit

The last two times I was in Las Vegas, I didn’t gamble a penny. I didn’t gamble becaus...

Competition is good for wrestling

The worst thing that ever happened to World Wrestling Entertainment (WWE) was when they bo...

Don’t Buy What You Don’t Need

For many years, my wife didn’t want to join Costco because she thought that overshopping...

Fiduciary Liability Insurance and Plan Reviews are worth it

The warranty in the electronics business is gravy for the retailers who sell it. You’ll ...

Watch that you don’t get overpaid

I don’t believe in coincidence and when something happens twice, it’s a cause for conc...

Ow You don’t know everything

I am proud to say that I learn something new every day, whether it’s retirement plan rel...

The worthless J.D. Power surveys

I’m going to say something and that means J.D. Power will never sponsor one of my events...

MFS is latest proprietary fund settlement

Massachusetts Financial Services Co. (MFS) has reached a settlement of nearly $7 million i...