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Bad times means more hardships

With high inflation and an economy that might be in a recession, it is no shock that hardship distr...

Avoid the nonsense about anti-ESG rhetoric

My wife forwarded me an op-ed piece, criticizing the Biden administration rule change on ESG invest...

Robinhood to offer IRAs

Robinhood is rolling out retirement accounts for users of its mobile app, by offering a 401(k) like...

Two Blackrock Target Date Fund cases dismissed

Two lawsuits questioning the prudence of plans holding the BlackRock Lifepath target-date funds wer...

DOL releases final ESG Rule

On November 22, the Department of Labor (DOL) released its final rule for retirement plan fiduciari...

Nestle on verge of winning most of their case

A U.S. District Court federal magistrate judge in the Eastern District of Wisconsin mostly sided wi...

DOL proposes VFCP self-correction

The Department of Labor’s Employee Benefits Security Administration (EBSA) proposed updates to th...

When times are bad, they’re bad

As someone serving as a plan fiduciary and pooled plan provider, I know the market is not doing too...

FTX points as another reason why Crypto in 401(k) plans is a bad idea

Every day, bring out different bad news about FTX. Based on what I know, I think the principals ove...

Even when offered, ESG funds aren’t that popular

Research shows that 401(k) plan participants who direct their investment, rarely allocate to enviro...