Are Trustees Fiduciaries?
Yes! When a trust is created, the trustor (or grantor) names a trustee to administer the assets in accordance with their wishes. Trustees are fiduciaries—held to the highest duty of care in executing their…
Read Moreabout Are Trustees Fiduciaries?
ERISA Violations?
Alleging a variety of ERISA violations, the former participants of a KPMG 401(k) plan are suing the company—and the plan fiduciaries. The complaint has been filed in U.S. District Court in Newark, New Jersey,…
Read Moreabout ERISA Violations?
Decisions, Decisions: Annuities?
Making guaranteed lifetime income options more readily available through 401(k) plans is a list topper for plan providers—and employers— these days. Here’s why—and an example of how Blackrock is proceeding. Guaranteed Lifetime Income?…
Read Moreabout Decisions, Decisions: Annuities?
Trending Now: Whiskey Business
Across the country, more and more women are making it: whiskey. Science finds that women have a nuanced sense of smell—a big asset when assessing fermentation. Mentors are opening doors and entrepreneurial success stories…
Read Moreabout Trending Now: Whiskey Business
Building For The Home Team
As we begin to enjoy live sports and music again, brand new arenas welcome us in, with innovations aimed at protecting us and the environment. What could be more fun then a newly renovated…
Read Moreabout Building For The Home Team
Cybercriminals: Sophisticated Techniques
The Federal Bureau of Investigation reports a 69% spike in cybercrime complaints from 2019-2020. Financial losses totaled over $4 billion. As the techniques deployed by cybercriminals are becoming more sophisticated, retirement plan recordkeepers are…
Read Moreabout Cybercriminals: Sophisticated Techniques
Committee Agenda?
Although ERISA does not require retirement plan committees, having the help of experts can contribute to decisions that are made prudently, in the best interests of participants and beneficiaries. Follow this expert guidance to ensure…
Read Moreabout Committee Agenda?
Contract Awarded In NJ: $1.56 Billion
The New Jersey Transit Corp (NJ Transit) has awarded a $1.56 billion contract to Skansa and Traylor Bros. for the construction of the Portal North Bridge. Spanning a critical section of the busy Northeast…
Read Moreabout Contract Awarded In NJ: $1.56 Billion
Probate Can Be Helpful
Although it is often assumed that it is best to avoid the probate process when planning how to pass along our assets to loved ones, estate planners find that sometimes the probate process can…
Read Moreabout Probate Can Be Helpful