Stakeholders in the country’s $23 trillion retirement market hadan eventful 2016.
Between the release of the Labor Department’s fiduciary rule and theensuing legal challenges, the release of a safe harbor for stateand municipal-run retirement plans, the continued onslaught oflawsuits against 401(k) plans and a new raft of claims against403(b) plans at some of the nation’s mostprestigious universities, 2016 may go down as the mostconsequential year for the retirement market on record.
And then there was the election.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
