In This Issue:
- For Retirement Plan Providers, It's All About Making A Connection
- DOL Comment Period Extended
- Supreme Trouble with Tibbles
- My Referrals Aren't For Sale And Neither Should Yours
- Sorry, Lois or How I Started My Law Firm from Nothing
- Dealing With A Probable Fiduciary Rule
- Excerpt from Supreme Trouble with Tibbles:
While the Supreme Court ruled in the monumental 401(k) case Tibble v. Edison that mostly dealt with statute of limitations issues, one could read something into it a little more.
Tibble was the case where the District Court held that a plan sponsor violated its duty of prudence as a plan fiduciary by not monitoring the plan's investments. While the Court held that a plan's selection of investments and failing to monitor is a continuing breach, what they said as part of their ruling should make any plan provider or plan sponsor to take pause...
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