Category Archives: Retirement Plans

Revving Up The Retirement Plan Tune-Up with Brightscope

Posted on July 27, 2011 by admin

My Retirement Plan Tune-Up, the legal review of a retirement plan for $750 now includes Brightscope analytic ratings at no additional cost. Click here for details. Click Brightscope Press Release as well.

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For Financial Advisors, the day of wine and roses are over

Posted on July 25, 2011 by admin

In the good old days of participant directed 401(k) plans, a good chunk of financial advisors did very little work for the plans that they advised. Many of them sat back, collected their trail or asset based fee, and maybe … Continue reading →

Posted in 401(k) Plans, Retirement Plans | 1 Comment

A Retirement Plan Sponsor’s Guide for Choosing a Financial Advisor

Posted on July 24, 2011 by admin

My latest JdSupra.com article can be found here.

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ERISA §3(38) Fiduciaries and the Flavor of the Month

Posted on July 21, 2011 by admin

One of the most positive developments in the retirement plan business is the proliferation of independent ERISA §3(38) fiduciaries. While the §3(38) defined investment manager has been in ERISA since the beginning in 1974, there has been a dramatic increase … Continue reading →

Posted in 401(k) Plans, Retirement Plans | 1 Comment

Retirement Plan Dentist

Posted on July 20, 2011 by admin

About a dozen or so year ago, there was a medical report that dental plaque could cause heart disease.  The cynic in me tells me that this was some sort of dental conspiracy to increase revenue as fluoridated water and … Continue reading →

Posted in 401(k) Plans, Retirement Plans | 2 Comments

For Retirement Plan providers, empathy goes a long way

Posted on July 19, 2011 by admin

When I started my law firm about 17 months ago, I had already had a marketing guru who was handling my public relations side even when I was an associate at a semi prestigious Long Island law firm (sorry, Lois). … Continue reading →

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Misplaced Loyalty in Some Retirement Plan Providers

Posted on July 18, 2011 by admin

When I first started in the retirement plan business in 1998, I worked for a law firm that served as the counsel for third party administration (TPA) firm in Syosset, NY. There was an office worker there named Orville. I … Continue reading →

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The Changing Definition of Plan Fiduciary and Why Plan Sponsors Should Care

Posted on July 17, 2011 by admin

My latest JDSupra.com article can be found here.

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Some TPAs are in the administration business, some are not

Posted on July 14, 2011 by admin

I have a friend who is an insurance agent and she was looking for a new TPA 9third party administrator) for her clients. She previously gave work to a TPA that also happens to sell insurance and financial products (which … Continue reading →

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To Add or not to Add: Annuities in 401(k) Plans

Posted on July 13, 2011 by admin

As Michael Corleone said in the very underrated “The Godfather Part III”, “Just when I want to get out, they keep bringing me back in.” Since 401(k) plans are not subject the joint and survivor annuity requirements of the Internal … Continue reading →

Posted in 401(k) Plans, Retirement Plans | 4 Comments