Keyword: plansponsor

DOL Audit Tips and Traps

As savvy plan fiduciaries and advisors know, the best way to survive a plan audit is to avoid it in the first place. Once an audit is triggered, however, only the most carefully governed plans can expect a clean bill of health, Bruce Ashton, an attorney with Drinker Biddle & Reath, notes in a recent PLANSPONSOR article.   Read More

PlanAdviser and PlanSponsor Parent Reported to Be on the Block

Asset International, the company that owns PlanSponsor and PlanAdviser, is in active discussion with potential buyers, according to a report by The Deal. Austin Ventures, led by “CEO in residence” Jim Casella, bought AI in 2008 and added mutual fund research company Strategic Insight in 2009 along with other, smaller enterprises. The company has focused on data and research, publishing and events in the financial services market.
  Read More

What Effect Do Advisors Have on DC Plans?

Do advisors add value to their DC plan clients? That’s the big debate in Washington and in the industry today. But focusing on fees without measuring value makes the discussion almost meaningless. In their annual DC survey, PlanSponsor magazine compared the performance metrics of more than 3,000 plans that have an advisor to more than 2,000 that don’t.   Read More