The 401k Study Group ®
22.6K views | +0 today
Follow
 
Scooped by Chuck Hammond, PPC, CMFC
onto The 401k Study Group ®
Scoop.it!

Pearls of “Wisdom” for 401(k) Plan Providers

I am no genius and I’m sure all of you will agree. I have only been success- ful as an ERISA attorney because of my ambition and an uncanny ability to connect with my audience even...
more...
No comment yet.
The 401k Study Group ®
Your new post is loading...
Your new post is loading...
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Safeway, Great-West Sued Over JP Morgan Funds in 401(k) Plan

Safeway, Great-West Sued Over JP Morgan Funds in 401(k) Plan | The 401k Study Group ® | Scoop.it
Safeway Inc
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

It’s About Time: Stable Value Providers Sued for Hiding Fees | Unified Trust Blog

It’s About Time: Stable Value Providers Sued for Hiding Fees | Unified Trust Blog | The 401k Study Group ® | Scoop.it
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Employees sue Morgan Stanley over 401(k) plans

Employees sue Morgan Stanley over 401(k) plans | The 401k Study Group ® | Scoop.it
Morgan Stanley was hit with a class action lawsuit Friday, filed on behalf of 60,000 workers. It claims that the company mismanaged their retirement plans by offering poorly performing funds and charging excessive fees.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Capital One Launches Small-Business 401(k) Program (COF) | Investopedia

Capital One Launches Small-Business 401(k) Program (COF) | Investopedia | The 401k Study Group ® | Scoop.it
Capital One Spark 401k joins growing list of retirement plan providers for small businesses.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

“Co-Fiduciary” Could Make DC Plan Sponsors “Co-Defendants” - Context | AB

“Co-Fiduciary” Could Make DC Plan Sponsors “Co-Defendants” - Context | AB | The 401k Study Group ® | Scoop.it
The new Fiduciary Rule from the US Department of Labor (DOL) primarily affects financial advisors. But DC plan sponsors also face added responsibilities: some plan provider services may unexpectedly create a co-fiduciary status for plan sponsors that they didn’t have before.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

T. Rowe Price Insights - T. Rowe Price Finds More Employers Are Setting Default Deferral Rate At 6%

T. Rowe Price Insights - T. Rowe Price Finds More Employers Are Setting Default Deferral Rate At 6% | The 401k Study Group ® | Scoop.it
null
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

How will annuities fit in portfolios in a fiduciary world?

"The trend is moving toward fee-based planning and removing commissions from the equation," says Artisan Advisor's Tim Smith.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Trade group trying to kill bill making state-run retirement accounts a worker benefit

Trade group trying to kill bill making state-run retirement accounts a worker benefit | The 401k Study Group ® | Scoop.it
An investment industry trade group is trying to block legislation to create a state-run 401k for California workers that don’t already have access to such plans through work.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Would you rather? Pay increase vs. retirement match - Kansas City Business Journal

Would you rather? Pay increase vs. retirement match - Kansas City Business Journal | The 401k Study Group ® | Scoop.it
A surprising amount of Americans would rather have their employer match their retirement contributions than get a pay raise, according to a recent study.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

401(k) Advisor Prospecting: What are today’s best resources and tools? (Part II)

401(k) Advisor Prospecting: What are today’s best resources and tools? (Part II) | The 401k Study Group ® | Scoop.it
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Advisor Blue Print Series from T. Rowe Price

Five interactive webinar workshops for the Advisor. Featuring ERISA attorney and industry expert Pam O'Rourke.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

MassMutual settles 401(k) suit with its employees for $31 million

MassMutual settles 401(k) suit with its employees for $31 million | The 401k Study Group ® | Scoop.it
The insurer joins other firms such as Fidelity Investments and Ameriprise Financial in settling allegations over excessive 401(k) fees in their own company plans.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Attorney Jerry Schlichter opens up about 403(b), 401(k) suits

Attorney Jerry Schlichter opens up about 403(b), 401(k) suits | The 401k Study Group ® | Scoop.it
After recent filings of a dozen lawsuits against university retirement plans, InvestmentNews spoke with the high-profile attorney about the broader world of ERISA fee litigation.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Update on Lawsuits Challenging the U.S. Department of Labor’s Fiduciary Rule | Proskauer's ERISA Practice Center Blog

Update on Lawsuits Challenging the U.S. Department of Labor’s Fiduciary Rule | Proskauer's ERISA Practice Center Blog | The 401k Study Group ® | Scoop.it
As we previously reported, there are five pending lawsuits challenging the U.S. Department of Labor’s new fiduciary rule.  Our Client Alert on the new rule outlines the significance of the rule and the implications of the expanded definition of “fiduciary” for investment advisors and other related service providers. First, with respect to the litigation pending... Continue Reading
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

A New Set of 401k Best Practices for IRA Rollovers - The 401(k) Specialist

A New Set of 401k Best Practices for IRA Rollovers - The 401(k) Specialist | The 401k Study Group ® | Scoop.it
Between now and April 2017, broker-dealers, product sponsors and financial advisors will establish best practices for the 401(k) marketplace. Here's how.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Should employees be offered a Roth 401(k) option?

Most investors, including wealthy ones, end up better off with a mix of assets in traditional and Roth accounts, a new study finds.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Rise in retirement plan audits should be ‘wake-up’ call for employers

Roughly 1 in 4 retirement plan audits submitted to the Department of Labor had major deficiencies. Is yours at risk?
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Can 401(k) Lawsuits Help?

Can 401(k) Lawsuits Help? | The 401k Study Group ® | Scoop.it
Serving Notice
Are there any 401(k) plans left to sue?
I left for vacation two and a half weeks ago.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Class action lawsuit filed over Johns Hopkins University's retirement plan

Class action lawsuit filed over Johns Hopkins University's retirement plan | The 401k Study Group ® | Scoop.it
A class action lawsuit was filed against Johns Hopkins University Thursday on behalf of 24,000 employees claiming the university's retirement plan charged excessive fees and offered poorly performing funds.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

6 401(k) robo-advisers to know

These retirement companies are carving out a niche in the small, medium employer markets
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Lawsuit filed against Duke University over retirement plan

Lawsuit filed against Duke University over retirement plan | The 401k Study Group ® | Scoop.it
ST. LOUIS (AP) _ A St. Louis law firm says it has filed a class action lawsuit against Duke University on behalf of more than 20,000 of its employees enrolled in the school's contribution retirement plan.
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

Yale, NYU, MIT Hit With Coordinated ERISA Lawsuits

Yale, NYU, MIT Hit With Coordinated ERISA Lawsuits | The 401k Study Group ® | Scoop.it
Schlichter Bogard & Denton LLP, the law firm that led the litigation charge against 401(k) plan fees, filed three new ERISA class actions against Yale University, New York University and
more...
No comment yet.
Scooped by Chuck Hammond, PPC, CMFC
Scoop.it!

How Do Small Business 401k Plans Compare With Larger Counterparts? - The 401(k) Specialist

How Do Small Business 401k Plans Compare With Larger Counterparts? - The 401(k) Specialist | The 401k Study Group ® | Scoop.it
A recent report from Pennsylvania-based fund giant Vanguard found small businesses are employing state-of-the-art 401(k) plan design features.
more...
No comment yet.