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Search the News Archive

3 Matching News Items

1.  Dan Solin in The Huffington Post Link to more items from this source
Aug. 6, 2010
"The trustee plaintiffs seek to certify a class of all trustees of all 401(k) plans that had variable annuity agreements with Nationwide from the first date Nationwide began receiving payments from mutual funds based on a percentage of the assets invested in the funds by Nationwide."
2.  Dan Solin in The Huffington Post Link to more items from this source
Nov. 12, 2014
"Early next year, the DOL will decide whether to issue a proposal that will require all advisers to 401(k) plans and Individual Retirement Accounts (IRAs) to have a 'fiduciary duty' to the participants in those plans and the holders of those accounts. This decision will have a major impact on the $12 trillion in assets now held in 401(k) plans and IRAs."
3.  Dan Solin in The Huffington Post Link to more items from this source
Feb. 4, 2009
Excerpt: The existing 401(k) system is a scam far greater than anything Bernie Madoff could have conceived. His $50 billion Ponzi scheme is dwarfed by the $12 trillion 401(k) rip-off imposed on plan participants by their employers, and the mutual fund and insurance industries.

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