Featured Jobs
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
The Pension Source
|
|
Nova 401(k) Associates
|
|
Merkley Retirement Consultants
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
BPAS
|
|
July Business Services
|
|
DWC ERISA Consultants LLC
|
|
BPAS
|
|
Compensation Strategies Group, Ltd.
|
|
EPIC RPS
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Plaintiffs' Bar Takes Another Hit in 403(b) Excessive Fee Cases
Seyfarth Shaw 
Oct. 10, 2018
"The latest blow to these largely cookie cutter cases ... alleged that the plan paid excessive fees for administrative or investment management services, the plan should have consolidated to one recordkeeper (as opposed to two), that certain funds underperformed and that the plan's fiduciaries caused the plan to engage in prohibited transactions.... The court reasoned that the complaint starts with the false premise that just because the plan's fees could have been lower, there must have been some breach of duty." [Davis v. Washington Univ. in St. Louis, No. 17-1641 (E.D. Mo. Sept. 28, 2018)]
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |