Legal

If you created your IPS in the 20th century, maybe its time to consider bringing it into the new millennium.

In a video interview, ASPPA's Craig Hoffman says a few key uncharted areas remain in the fee disclosure pipeline, non-monetary compensation and designated investment alternatives especially.

The New Hampshire Senate has voted to create a commission to study a defined contribution pension plan for public employees.

"Getting It Right - Know Your Fiduciary Responsibilities" will cover the basics under ERISA, in two brief sessions covering reporting, disclosures, prohibited transactions and more.

JPMorgan Chase Bank settled a claim by several retirement funds that it breached its fiduciary duty under the Employee Retirement Income Security Act of 1974 for $150 million.

Some gray areas still abound as deadlines approach, especially in the multi-employer plan arena, but the rules should help participants.