Articles tagged "ERISA"
Headline
Publish date
ERISA attorney co-founds venture to take advantage of DOL's liberal new pooled 401(k) plan guidelines, a boon for RIAs looking to break into the business
The new San Diego firm will be a TAMP-like unit that gives a way for small companies to get big-plan leverage while still letting RIAs handle the investment advice, says CEO Jason Roberts.
June 23, 2022 at 6:56 PM
Dept. of Labor throws its 2020 self under the bus and walks back Trump-era guidance that appeared to open the door to private equity investments in 401(k) plans
A Trump administration 'information letter' affirmed that PE investments could be an 'enhanced' investment option for participants in defined contribution plans under ERISA.
December 23, 2021 at 3:25 AM
The DOL's Trump-era reprieve from rollover fiduciary rigor is over with aspects of remedy that might 'scare the daylights' out of defense lawyers
The Biden DOL is cool with surprisingly toothy rules it inherited that are sure to cause some RIAs to scramble and may be easier for broker-dealers to manage.
February 13, 2021 at 2:29 AM
Fidelity's 2016 'secret' fee fix for 'broken' 401(k) business model may spark fresh state and federal 401(k) crackdown on heels of investor civil suits
The DOL, William Galvin and a class action hang over the Boston 401(k) king's 15-basis-point fee, but experts think Fidelity -- its squirrel-y disclosure aside-- can fight the charges
March 18, 2019 at 9:28 PM
Using DOL as cover, Bank of America cuts the Merrill Lynch bull as it adds a robo, stops paying brokers to stick around and kicks John Thiel upstairs
The Charlotte, N.C.-based lending giant bagged the Wall Street beast in 2009 when the price was right -- now it's cutting off its traditional food supply
October 18, 2016 at 10:41 PM
Why SIFMA & Co.'s trip to a friendly North Texas court to upend the DOL rule looks more like its Alamo
Little credence is being afforded anti-DOL rule crowd that is trying to flip the script on who is screwing whom
June 6, 2016 at 9:47 PM
Snakes and ladders: What to expect in the unexpectedly triumphant final DOL fiduciary rule
Whether converted or just plain exhausted, the staunchest opponents are standing down to make way for the new rule that will go into effect in 2017
December 18, 2015 at 12:28 AM
401(k) industry howls as DOL lets state governments become DC providers with advantageous exemptions
Multiple employer plans' under states will have economies of scale, fewer rules, while ERISA bars private firms from banding together
December 10, 2015 at 7:00 PM
How exactly Fidelity Investments extracted itself from a legal and HR quagmire and why it'll cost far more than the public $12-million amount
The settlement's small print reveals Fidelity employee may receive additional hundreds of millions of dollars in value over time
August 14, 2014 at 5:01 PM
What I learned at Putnam Investments' analyst meeting from the real Capt. Phillips
The harrowing tale of a man charged with a boat, cargo and human lives helped think about fiduciary care
April 7, 2014 at 5:03 PM
Why I use target date funds for some 401(k) clients in my RIA but with exaggerated scrutiny and care
The set-and-forget products have enormous potential for good but may also be a fiduciary nightmare
March 21, 2014 at 4:29 PM
Fidelity Investments wins huge in the 'biggest 401(k) case in decades' -- but bearing battle scars
Boston 401(k) giant is able to reverse prior judgement related to fees in landmark Tussey v. ABB
March 20, 2014 at 7:07 AM
How an LPL-owned 401(k) afterthought zoomed from $6.5 billion to $10 billion with help from reps -- and thinking big
The former NRP duo demurred overtures three years ago from wirehouses and big competitors and now counts Qualcomm, Petco and In-N-Out burger as clients
November 7, 2013 at 5:53 PM
DOL credits itself for notable evolution in the 401(k) industry -- not without criticism
The sharks are circling after the Ayres letters caused a furor but one industry leaders says Labor's bureaucrats get a C-minus
September 9, 2013 at 6:38 AM
Legal analysis: Why the Yale 401(k) letters, limits aside, should raise an alarm to plan sponsors
Ayres may not have it all letter perfect but his basic points have a legal basis
