What Counts as a “Recession” and Why Your Plan Participants Are Probably Getting This Term Wrong
Lately we’ve noted an uptick in the word recession. It isn’t the frequency of its use that concerns us, it’s the placement. Lately, the use of the word recession has been popping up more in the general media. While we know that talk of recession is a strong indicator of investor confidence concerns, it’s a complicated topic. Getting it right is important.
DOL’s Fiduciary Rule: Signs That It Isn’t Coming Back
The Department of Labor (DOL’s) beleaguered fiduciary duty rule lingers on in federal court litigation, but there are signs that the dispute (as well as the Rule) may not be around for long.
Hughes Applied and FINRA’s New Alternative Mutual Funds Notice: Compliance Concerns to Watch
Sponsors looking for more definitive guidelines following the Supreme Court’s Hughes decision may be waiting awhile. New court decisions haven’t stemmed the influx of cases, and further FINRA notices may indicate that Sponsors need to tighten their compliance efforts.
An Increase in Lawsuits against Sponsors May Call for Fresh Benchmarking Data
The Supreme Court’s recent case concerning plan fees has opened a pandora’s box of options for plaintiffs. Plan Sponsors may want to monitor recent developments and consider expanding their benchmarking plans.
