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Transamerica forks over another $5 million in another 401(k) lawsuit

If you’re a large plan sponsor, who also happens to offer your proprietary mutual funds in a 401(k...

When the DOL is asking questions on cybersecurity, have the answers

A few years back, I was representing a plan sponsor under a Department of Labor (DOL) audit for very...

AON cashes out of the retirement business

AON sold off its US retirement and retiree health insurance brokerage businesses in a $1.4 billion t...

DOL to expand on new fiduciary rule

Revising the new fiduciary rule is on the drawing board for the Department of Labor (DOL). the Emplo...

DOL to amend the DFVCP program

Employee Benefit Security Administration plans to amend and restate its Voluntary Fiduciary Correcti...

Assets being stolen, it can happen, it has happened

A third-party administrator (TPA) and/or plan fiduciary stealing plans assets is easier than you thi...

It no longer matters where your plan provider is

I’m the guy who will travel to a Target further from my home because the Target in Farmingdale is ...

Crypto can only be offered in a self-directed window

People know that I love crypto investing, but hate it as a potential 401(k) investment for almost al...

Lowe’s settles for $12.5 million

Lowe’s Cos. settled a class-action lawsuit filed by a participant in its 401(k) plan for a $12...

John Hancock forks over $14 million in 401(k) lawsuit

When you operate proprietary mutual funds and offer them in your401(k) plan, you will be a target of...