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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,...

I’m an ERISA attorney, curb those inappropriate LinkedIn sales pitches

Look, I get it. There are a lot of lawyers out there. Ambulance chasers, courtroom showmen, legal eagles with late-night TV spots and suspiciously white teeth. But here’s the thing: I’m not one of them. I don’t sue over wet floors in fast foo...

Surprise. Nasdaq 100 survey shows demand for Nasdaq 100 fund

Nothing surprises me much anymore, neither should the results of the survey that a Nasdaq 100 surve...

T. Rowe launches Pension Linked Emergency Savings Account

T. Rowe Price announced today the launch of in-plan emergency savings accounts (ESAs) for participa...

Whole Foods settles class action case

Whole Foods Market has agreed to settle a class-action lawsuit that alleged the company failed to p...

Blue Ridge Associates buys Qualified Retirement Plan Services

Blue Ridge Associates announced today that it has acquired Qualified Retirement Plan Services, Inc....

Cornell case makes it easier for plan participants to sue

For years, I observed that federal courts were growing weary of cases involving fee litigation, but...

Surprise. Nasdaq 100 survey shows demand for Nasdaq 100 fund

Nothing surprises me much anymore, neither should the results of the survey that a Nasdaq 100 surve...

T. Rowe launches Pension Linked Emergency Savings Account

T. Rowe Price announced today the launch of in-plan emergency savings accounts (ESAs) for participa...

State Run Plans near $2 billion in assets

State-run retirement programs, including automatic individual retirement accounts (IRAs), are expan...