The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
Despite a significant increase in the amount of money being put into state retirement coffers, Massachusetts still faces a huge shortfall in plan funding, according to the Boston Herald.
The proposal would have asked voters to authorize the Legislature to halt enrollment in the public pension system for elected officials and judges and create a new defined-contribution plan for new enrollees.
Shareholder activism may be acceptable in the chic cafes of politics, but its verges on the cusp of fiduciary breach for those handling other peoples money.
Under ERISA, plan sponsors are allowed to hire investment advisors as co-fiduciaries. Carlos Panksep of the Centre forFiduciary Excellence, LLC, demonstrates how to conduct a fiduciary assessment of your investment advisor.
A Massachusetts city's pension fund has sued mega Web-search company Google, over concerns that Google's proposed stock split would generate non-voting shares.