Three Ways to Strengthen Your Retirement Plan Committee
Reducing Fiduciary Liability: Key Tips to Follow
Retirement plan committees aren’t required by ERISA, but they can be extremely beneficial nonetheless — especially for larger plans. And if they’re constructed and operated appropriately, they can even help in the event a sponsor is sued. Depending on the size of the plan, some organizations split up committee responsibilities into investment oversight, administration, and Read More →
Bitcoin: Coming to a 401(k) Plan Near You?
In 2020, nearly 100 lawsuits alleging breach of fiduciary duty were filed. And with the number of 401(k) lawsuits on the rise targeting plans both large and small, sponsors are well-advised to consider taking additional measures to mitigate fiduciary risk where practicable. Here are a few to consider: Create and follow an IPS While not Read More →
Our previous report on Bitcoin (BTC), and the conclusions therefrom, remain relevant today. In short, the prudence in adding Bitcoin to a retirement plan is questionable, at best. Click here and read through our previous post discussing cryptocurrency and its supporting technology. Greater media coverage has caused BTC interest to grow exponentially, as has its Read More →