To sue or not to sue your employer over your 401(k) plan? That is the question that a Forbes guest columnist poses to plan participants, providing red flags that participants should look out for when determining whether to sue or not.  Citing abuses like high fees charged to federal... READ MORE

In further signs of the eroding viability of state and municipal pension plans, the SEC filed a complaint against the state of Kansas claiming inadequate disclosure of pension liabilities in its 2009 and 2010 bond offerings. The SEC claimed that Kansas failed to adequately disclosure their... READ MORE

A lawsuit against Fidelity by participants in their plan was just settled for $12 million plus certain relief provisions. The case, Bilewicz v. FMR, had claimed excessive fees were charged and that prohibited transactions had occurred. The part of the case related to float income will... READ MORE

In a scathing and far-reaching article, The New York Times outlined the real and difficult issues that New York City faces with its five pension funds. Unlike Detroit or New Jersey, which cannot afford to make big payments, New York City has been plagued by high fees, low returns, higher benefit... READ MORE

With $600 billion in DC assets as of 2013 and 3.5 million participants, Vanguard is a giant in the DC market, but also a mystery to many in the plan advisor arena. Though many plan advisors have their funds in some of their plans, with an average plan size of 1,500 participants, few advisors have a... READ MORE

In an effort to shore up Chicago’s pension funds while avoiding property tax increases, the city is moving forward to increase taxes on cellphones and land lines by 56%. The move, which could cost a family of four an extra $34 per year, was reported to be part of a deal between Chicago Mayor Rahm... READ MORE

This article originally appeared in the Summer 2014 issue of NAPA Net the Magazine. To view a PDF version of this article, CLICK HERE.It wasn't that long ago that 90% of DC plans were sold by blind squirrel advisors paid through 12b-1 commissions. How the world has changed, right? Not exactly.... READ MORE

Getting your clients, especially smaller plan sponsors, to pay attention to the litigation risks of DC plans can be hard, even in the wake of recent wins by plaintiffs. A recent article in CFO.com may help you get the attention of clients and prospects. The article features a list of seven best... READ MORE

While traditional financial advisors might scoff at the viability of pure robo-advisors, even with an estimated $15.7 billion AUM, it’s hard to ignore the efforts of indexing giant Vanguard and retail brokerage house Charles Schwab. Though Schwab was vague about the details of their efforts, CEO... READ MORE