by Slight Revision Support | Sep 1, 2022 | News
When considering managed accounts inside a retirement plan, you may want to consider two questions: Why offer a managed account in a retirement plan? Can personalization be available without investing through a managed account? A managed account is a personalized...
by Slight Revision Support | Sep 1, 2022 | News
Target date funds came into existence three years prior to 2006. And what’s so critical about 2006 is that the Pension Protection Act introduced an item called qualified default investment alternative, or QDIA, which basically gave fiduciary relief for employers who...
by Slight Revision Support | Aug 30, 2022 | News
On August 11, 2022, a class action suit was filed against the Dover Corporation to include the Dover Company Benefits Committee for breaching their fiduciary duty of prudence owed to the Dover Corporation Retirement Savings Plan. This is an excess fee case to its...
by Slight Revision Support | Aug 30, 2022 | News
On August 2, 2022, a class action suit was filed against the 401(k) Administrative Committee of the Microsoft Corporation Savings Plus Plan. The Plan assets were valued at $38.34 billion representing 135,252 participants with account balances. The Plan is a...
by Slight Revision Support | Aug 19, 2022 | News
Personalization is the action to design and implement something to meet or anticipate participants’ needs based on individual circumstances. It is offering participants tailored experiences to keep them on track for their own benefit. Data is the lifeblood of...
by Slight Revision Support | Jul 12, 2022 | News
The Congress, on May 6, 2021, issued a letter[1] to the GAO, stating “[t]he employer-provided retirement system must effectively serve its participants and retirees, and we are concerned certain aspects of TDFs may be placing them at risk. TDFs are often billed as set...
