A federal court has extended the reach of an employment arbitration agreement to require a participant to first arbitrate, rather than sue a plan’s investment advisor.Significantly, the decision in the United States District Court for the Southern District of New York drew a distinction between the... READ MORE

Financial stress and everyday money matters are hindering Americans’ retirement savings efforts and affecting the job performance of many employees, a new nationwide survey reveals.Consisting of 1,000 workers with access to a 401(k) plan with half actively contributing to their plan and half not... READ MORE

Nearly a decade to the day that Glenn Tibble, William Bauer, William Izral, Henry Runowiecki, Frederik Sohadolc, and Hugh Tinman, Jr. filed their excessive fee class action known as Tibble v. Edison, they may be nearing the conclusion of a case that has gone all the way to the United States Supreme... READ MORE

Interest in sustainable investing has held steady, and in some cases, has grown. And this is particularly true among individual investors, led by Millennials who increasingly see this as a desirable element of their investment portfolio, according to new survey results.Morgan Stanley’s Institute... READ MORE

Recent FAQs from the Labor Department regarding the fiduciary regulation offered much-needed clarity on the ability to encourage contribution increases without triggering fiduciary responsibility – but Fred Reish cautions there may be “traps for the unwary.”In his most recent blog post on the... READ MORE

The trustee of an Employee Stock Ownership Plan (ESOP) accused of allowing a plan to pay $98 million for stock that was independently appraised at $39 million less than two weeks after the sale has persuaded a judge on the merits of its arguments.The two plaintiffs in the case “are and have been... READ MORE

GRP Advisor Alliance has announced the launch of an MVP Training Series for member firms that it says is designed to help practices groom their rising stars on rapidly emerging subject matters ranging from Financial Wellness, HSAs to CITs.Content will be delivered monthly starting this September by... READ MORE

Custom target date funds (TDFs) are growing in popularity, but are they a better option?For a plan fiduciary seeking greater control and contextualization than what a prepackaged TDF offers, a custom TDF may be a more appropriate option, according to a new white paper from Columbia Threadneedle... READ MORE

The NAPA 401(k) Summit is the only retirement plan advisor event developed by advisors for advisors – and this is how it starts.When we say that the NAPA 401(k) Summit is built by advisors, for advisors, we mean it. The 2018 NAPA 401(k) Summit Steering Committee has already been hard at work,... READ MORE

A recent report by the Retirement Advisor Council (RAC) suggests that CFOs who partner with a retirement plan advisor rated as “outstanding” are better able to control future labor costs, spend less time administering their retirement plan and more time running the organization, thus easing the... READ MORE

While growth in clients and assets under management (AUM) was relatively healthy and income-related metrics were largely favorable for advisory firms in 2016, revenue per team member failed to increase for the first time since 2009, according to a new report by TD Ameritrade Institutional.This year... READ MORE