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Lawsuits or lower fees
By Andy StonehouseThe debut of 408(b)(2) regs has produced some cost compression, but six months later, experts say their biggest fear is a future wave of class-action lawsuits.
With 401(k) litigation increasing, plan advisors and plan sponsors need to know the latest laws as well as strategies attorneys are using to sue employers and advisors. BenefitsPRO's legal coverage includes news, analysis and updates on cases.
The debut of 408(b)(2) regs has produced some cost compression, but six months later, experts say their biggest fear is a future wave of class-action lawsuits.