I wrote last month about the damages assessed against the plan sponsor, Edison International, in the renowned Tibble case. If the $7.5 million awarded to the plan participant plaintiffs wasn’t enough, the district court judge in the case tacked on another $5.6 million in damages. (This article offers a good…
Are you familiar with the reasons why you should simplify your payroll processes? Anyone who has worked in a small or mid-size business knows that it’s common for employees to wear different hats at different times. This is especially true for those workers who are responsible for the management and…
Tibble v. Edison International was a ground-breaking case in the retirement planning and benefits industry, being the first and (so far) only excessive fee lawsuit to reach the highest court of the U.S. The Supreme Court’s decision in 2015 was unanimous in favor of the plaintiffs, the participants in Edison…
Plan sponsors: are you ready for 401(k) Decision Day? Do you know the important elements of good employee retirement education? Our latest video offers specific suggestions.
Sluggish GDP growth was just one of six important financial market events during the 2nd Quarter of 2017. Can you guess the other five? Check your answers in our 2nd Quarter Newsletter HERE.