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.