Being a retirement plan sponsor comes with great responsibility — namely, fiduciary responsibility. This also opens you up to a number of risks, including legal action. When you’ve worked in the retirement plan industry as long as I have, you can’t avoid the occasional breaking news story of a well-meaning company facing litigation involving their company retirement plan. The catalyst for legal action is typically a disgruntled former employee going to a lawyer.

Topics:  retirement   industry   litigation   plan   responsibility   legal   company   action   
BING NEWS:
  • Fisher Investments 401(k) Solutions Group named to 2020 Financial Times 401 Top Retirement Advisers
    Solutions was recently named one of Financial Times 401 Top Retirement Advisers for 2020. The award recognizes qualified adviser selected by the Financial Times based on a variety of factors, ...
    10/23/2020 - 5:23 am | View Link
  • Four Hightower Advisors Featured on the 2020 Financial Times’ 401 Top Retirement Advisors List
    Four Hightower advisors from Fiduciary Plan Advisors and Treasury Partners have secured spots on the Financial Times’ 401, a list of the top retirement advisors in the country for 2020. The annual ...
    10/22/2020 - 7:24 am | View Link
  • Making a New Start in a Business of Their Own
    While the coronavirus pandemic is causing many older workers who have lost jobs, or who have been offered early retirement severance ... to finally retool and learn a new trade, or just try ...
    10/22/2020 - 7:00 am | View Link
  • RMB Capital’s James Rosselle Named to 2020 Financial Times 401 Top Retirement Advisers
    CHICAGO--(Business Wire)--RMB Capital (“RMB”), an independent investment advisory firm with more than $8.8 billion in assets under management 1 (estimated as of September 30, 2020), announced that ...
    10/22/2020 - 3:00 am | View Link
  • Empower Retirement Achieves $110 Billion in New Retirement Plan Sales
    On the cusp of its sixth anniversary, Empower Retirement, the nation’s second-largest retirement services provider, 1 is announcing record sales growth and new client commitments totaling some $110 ...
    10/22/2020 - 12:58 am | View Link
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