Rise in Litigation Over 401(k) Forfeitures
Employers managing 401(k) assets forfeited by former employees are encountering a surge in lawsuits. These litigations claim misuse of plan…
fiduciary standards
Public Hearings Unveil Showdown Between Biden Administration and Wall Street on Fiduciary Standards
The US Labor Department's Employee Benefits Security Administration (EBSA) is set to conduct extensive hearings over two days on a…
President Biden Unveils New Fiduciary Rule to Revolutionize Retirement Advice
President Joe Biden is poised to introduce a long-anticipated rule from the US Labor Department that promises to expand the…