Author Archives: admin

When it comes to the fee disclosure regulations, I was always troubled by the frequent delays by the Department of Labor in implementing the Section 408(b)(2) fee disclosure regulations. Many plan providers and retirement industry trade groups wanted the delay … Continue reading →

My latest JDSupra.com article can be found here.

Apparently, a multiple employer plan sponsored by the Commonwealth of Massachusetts just awaits Gov. Patrick’s signature into law in order to be implemented. While any retirement plan that promises to cover more employees and act as a cost effective plan … Continue reading →

For the longest time, Al Pacino was my favorite actor (I think Clint Eastwood finally surpassed him). Pacino earned an Academy Award nomination for a film that is pretty much forgotten “…And Justice For All”. For the longest time I’ve … Continue reading →

I did an interview with FiduciaryNews.com, probably the best interview I’ve done with many thanks owed to the writer Chris Carosa. For the interview, please click here.

About a year or so ago, there was much hub bub about multiple employer plans (MEPs). Sort of like the game of telephone, the story gets muddled and I am not interested in rehashing it. In short, an official at … Continue reading →

My latest JDSupra.com article can be found here

As we know with the Danny Ocean trilogy of films is that every confidence game needs a mark. The mark is chosen to be a victim either through the con artist’s targeting of the mark or because of the mark’s … Continue reading →

For some reason, when it comes to some charges within 401(k) plans, I always remember Don Fanucci from The Godfather Part II, who was killed by Vito Corleone because Vito no longer wanted Fanucci to wet his beak from Corleone’s … Continue reading →

As retirement plan sponsors, you have a fiduciary responsibility to act prudentlty. If you sponsor a pension plan, hiking your financial advisor’s fees while your returns suffered would certainly raise a few eyebrows with your participants and the Department of … Continue reading →