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Three 'Autos' Should Drive Future 401(k) Plan Participation
Monday, October 29, 2007 (1590 reads)

When it comes to retirement savings, most people start too late, don't save enough, and then fail to protect their savings through a diversified portfolio.

That is expected to start changing this year under a new law signed last August by President Bush and undergoing final rule-making by the Department of Labor. The Pension Protection Act of 2006 (PPA) contains three "automatic" provisions designed to boost participation in defined contribution pension plans, such as 401(k) plans.

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Some tips for Analyzing Plan Expenses
Monday, October 29, 2007 (713 reads)

ERISA requires, both in its fiduciary rules and its prohibited transaction
restrictions, that fiduciaries pay no more than reasonable expenses from plan assets. That rule seems simple enough, but I am concerned that it is being misinterpreted in some cases and ignored in others.

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Fiduciary Issues After PPA of 2006
Monday, October 29, 2007 (530 reads)

On August 17, 2006 - President Bush signed the Pension Protection Act of 2006 (“PPA”) into law. Although the PPA made sweeping changes to pension laws, this article will focus specifically on those changes that have fiduciary implications for defined contribution plans.

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Using ERISAs new default-investment rule to avoid liability
Monday, October 29, 2007 (643 reads)

Using ERISAs new default-investment rule to avoid liability for participants' failure to choose investments.

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DOL Issues Investment Regulations
Monday, October 29, 2007 (1124 reads)

On October 23, 2007, the Department of Labor (“DOL”) released final regulations to provide ERISA relief to fiduciaries of participant-directed defined contribution plans that invest participant accounts in certain types of default investment alternatives in the absence of participant investment directions.

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