Some of the same plaintiffs' firms behind the biggest 401(k) lawsuits are now getting creative and more sophisticated, and returning to courtrooms with new allegations that will take more time and money to defend.
While consumer advocates favor a stricter approach which would compel brokers to act in a clients best interest much of the financial lobby is dead-set against them.
There were no investigators from the GAO at the Plan Sponsor Council of America meeting at the Turnberry Isle resort Wednesday, not at least any I could detect.
BenefitsPro.com introduces a new way to stay on top of the latest industry news and information with its Community Leaderboard.
DebugScreen: mobile
{
"author": {
"name": "Allen Greenberg",
"webUrl": "/author/profile/allen-greenberg/",
"description": "",
"imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g",
"estimate": 202,
"social": [],
"articles": [
{
"uri": "/2014/10/15/plenty-to-keep-the-erisa-lawyers-busy/",
"title": "Plenty to keep the ERISA lawyers busy",
"byline": "Allen Greenberg",
"kicker": "",
"prettyDate": "October 15, 2014",
"timeToRead": "4 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "Some of the same plaintiffs' firms behind the biggest 401(k) lawsuits are now getting creative and more sophisticated, and returning to courtrooms with new allegations that will take more time and money to defend.",
"body": null
},
{
"uri": "/2014/10/15/new-fiduciary-rule-will-hurt-retirement-cfdd-panel/",
"title": "New fiduciary rule will hurt retirement, CFDD panelists say",
"byline": " Allen Greenberg ",
"kicker": "",
"prettyDate": "October 15, 2014",
"timeToRead": "4 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "While consumer advocates favor a stricter approach which would compel brokers to act in a clients best interest much of the financial lobby is dead-set against them.",
"body": null
},
{
"uri": "/2014/10/14/the-retirement-plan-you-never-heard-of/",
"title": "The retirement plan you never heard of",
"byline": "Allen Greenberg",
"kicker": "",
"prettyDate": "October 14, 2014",
"timeToRead": "4 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "Cash-balance plans got a nice boost this year, thanks to new rules from the IRS. But will advisors jump aboard?",
"body": null
},
{
"uri": "/2014/10/12/316s-prudent-course-or-invitation-for-mischief/",
"title": "3(16)s: Prudent course or invitation for mischief?",
"byline": "Allen Greenberg",
"kicker": "",
"prettyDate": "October 12, 2014",
"timeToRead": "5 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "With the right provider, a plan sponsor can find plenty of help and relief in a 3(16) arrangement. But be careful who you pick for the job.",
"body": null
},
{
"uri": "/2014/09/17/defending-managed-accounts-blindly/",
"title": "Defending managed accounts, blindly",
"byline": "Allen Greenberg",
"kicker": "",
"prettyDate": "September 17, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "There were no investigators from the GAO at the Plan Sponsor Council of America meeting at the Turnberry Isle resort Wednesday, not at least any I could detect.",
"body": null
},
{
"uri": "/2014/09/17/is-congressional-gridlock-good-for-retirement/",
"title": "Is Congressional gridlock good for retirement?",
"byline": "Allen Greenberg",
"kicker": "",
"prettyDate": "September 17, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "Many gripe about Congress failing to do a thing about anything, but if youre in the retirement business, gridlock can be good.",
"body": null
},
{
"uri": "/2014/09/16/the-401k-version-3-0/",
"title": "The 401(k), version 3.0",
"byline": " Allen Greenberg ",
"kicker": "",
"prettyDate": "September 16, 2014",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "If youre a plan sponsor hoping for more guidance from the government on retirement issues, expect a surge soon.",
"body": null
},
{
"uri": "/2014/09/16/retirement-industry-plans-national-ad-campaign/",
"title": "Retirement industry plans national ad campaign",
"byline": "Allen Greenberg",
"kicker": "",
"prettyDate": "September 16, 2014",
"timeToRead": "4 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "The objective is to help create a nation of super savers, in a campaign led by Transamerica.",
"body": null
},
{
"uri": "/2014/09/03/every-rotten-idea-since-adam/",
"title": "‘Every Rotten Idea Since Adam’",
"byline": "Allen Greenberg",
"kicker": "",
"prettyDate": "September 03, 2014",
"timeToRead": "4 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "There are a few reasons, after all, that ERISA is sometimes known as Every Rotten Idea Since Adam.",
"body": null
},
{
"uri": "/2014/08/25/a-better-way-to-leverage-social-media/",
"title": "A better way to leverage social media",
"byline": "Allen Greenberg",
"kicker": "",
"prettyDate": "August 25, 2014",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/allen-greenberg/",
"name": "Allen Greenberg"
}
],
"kickerNode": [],
"summary": "BenefitsPro.com introduces a new way to stay on top of the latest industry news and information with its Community Leaderboard.",
"body": null
}
]
}
}