09.09.2025 10.28 CDT
SEC penalizes Empower and Vanguard for inadequate managed account disclosures
Empower and Vanguard Penalized for Undisclosed Conflicts
On August 29, the SEC issued orders against units of Empower and Vanguard for inadequate and misleading disclosure regarding the firms’ conflicts of interest in promoting their managed account products.
The SEC has issued orders against Empower and Vanguard for inadequate and misleading disclosure regarding the sales of the firms’ managed account products.
22.08.2025 09.32 CDT
The President directs DOL to reconsider its position on alternative assets in DC plans.
Doors to Swing Open for Alternative Investments
The President directs DOL to reconsider its position on alternative assets in DC plans.
Private equity and crypto investments may soon be coming to a plan near you.
05.06.2025 10.08 CDT
Congress and regulators ease plan corrections. This is welcome relief.
Expanded Self-Correction Options: A New Era of Flexibility
Congress and regulators ease plan corrections. This is welcome relief.
Congress and regulators ease plan corrections. This is welcome relief.
29.04.2025 09.40 CDT
The Supreme Court interprets ERISA to allow fiduciary claims to proceed based solely on allegations that a transaction occurs between a plan and a party in interest for goods or services, and places the burden on plan fiduciaries to prove that the fees paid are reasonable.
Tide of ERISA Litigation to Continue
A new Supreme Court ruling may further open the door to ERISA fiduciary claims.
Supreme Court decision simplifies allegations needed for plaintiffs’ claims of fiduciary misconduct to proceed.