Author Archives: admin

AON sold off its US retirement and retiree health insurance brokerage businesses in a $1.4 billion transaction to get Department of Justice approval for their proposed merger with Towers Watson. AON announced that its US retirement business will be sold … Continue reading →

Revising the new fiduciary rule is on the drawing board for the Department of Labor (DOL). the Employee Benefits Security Administration (EBSA) plans to issue a Notice of Proposed Rulemaking (NPRM) addressing the definition of fiduciary. EBSA plans to issue … Continue reading →

Employee Benefit Security Administration plans to amend and restate its Voluntary Fiduciary Correction Program (VFCP). The amendments will expand the scope of some transactions currently eligible for correction and streamline the correction procedures for certain others. EBSA says it will … Continue reading →

My latest article on JDSupra.com can be found here.

My latest newsletter for plan providers canoe found here.

My latest article on JDSupra.com can be found here.

My latest newsletter can be found here.

A third-party administrator (TPA) and/or plan fiduciary stealing plans assets is easier than you think. TPA Vantage Benefits stole $14 million from 6-7 of their clients wasn’t be surprising to me because I saw it before with Matt Hutcheson and … Continue reading →

I’m the guy who will travel to a Target further from my home because the Target in Farmingdale is far better than Westbury and Valley Stream and people think I’m crazy to travel 15 minutes more for a better run … Continue reading →

People know that I love crypto investing, but hate it as a potential 401(k) investment for almost all plan participants. Providers will offer it within a small self-directed. A brokerage-like window with minimum exposure. I believe For Us All is … Continue reading →