Featured Jobs
|
Merkley Retirement Consultants
|
|
DWC ERISA Consultants LLC
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
EPIC RPS
|
|
BPAS
|
|
July Business Services
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
Compensation Strategies Group, Ltd.
|
|
The Pension Source
|
|
BPAS
|
|
Nova 401(k) Associates
|
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Allianz, Aon Face Lawsuit from DB Plan Fiduciaries Over Investment Strategy
PLANSPONSOR; registration may be required 
Sept. 21, 2020 "[The] fiduciary of the master trust holding the assets of the employee [DB] plans that participate in the National Retirement Program of the Blue Cross and Blue Shield Association, has filed an [ERISA] lawsuit against Allianz Global Investors and Aon Investments USA. The trust claims that promised downside protection for several AllianzGI Structured Alpha funds was not implemented, resulting in 'staggering' losses to the trust during the market crash and volatility caused by the COVID-19 pandemic." [Blue Cross and Blue Shield Assoc. Nat. Emp. Benefits Comm. v. Allianz Global Investors U.S. LLC, No. 20-7606 (S.D.N.Y. complaint filed Sep. 16, 2020)] MORE >> |
| 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). |