Fiduciary Compliance

Overcoming Unique Retirement Challenges in the Non-Profit Sector

Alex Assaley, AIF®

Alex Assaley, AIF®

Blog Post

Anyone who works in Human Resources knows the positive effect offering high-quality employee benefit programs can have on a workforce. They attract the best potential candidates for new jobs and foster a sense of loyalty and support among current staff, to name a few. No matter the size or industry, administering employee benefits, particularly the retirement plan, can be a complicated process. While the same basic goal may apply to companies and organizations, non-profit organizations face unique challenges when ensuring their retirement plan benefit is the best fit for employees, as well as the organization. 

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Final Ruling: What Does the New Fiduciary Rule Mean for You?

You may have heard about announcement of new Department of Labor (DOL) fiduciary rules today. In reviewing the final regulation’s highlights – I think the DOL has worked very closely with many industry practitioners in an effort to construct a workable rule that best serves working Americans while also recognizing the importance of advisors and service providers in creating successful retirement plans.

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New ACA Reporting Requirements For Employers

Alex Assaley, AIF®

Alex Assaley, AIF®

Blog Post

 This article was authored by Theodore P. Stein, Esq. of Offit | Kurman. The original posting may be found here.

The Affordable Care Act (“ACA”) reporting requirements for employers shifts into high gear this year.  In 2016, for the first time, employers who sponsor group health plans are required to file annual returns with the IRS describing their health plans and the health plan choices made by their employees.

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Tibble v. Edison: What the Supreme Court Ruling Means for Fiduciaries

AdobeStock_61493778.jpegThe Supreme Court released their ruling and written commentary on a landmark ERISA case, Tibble v. Edison International. Employees of Edison International accused their employer of favoring high-cost mutual funds over lower-cost options. On a 9-0 vote, the court threw out an appeals court ruling that limited the number of claims that could be made in the case due to a statute of limitations.

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A Fiduciary Advisor’s Perspective on the DOL’s Consumer Protection Proposal

A version of this post originally appeared on Employee Benefit News  

After years of discussion, the Department of Labor has finally proposed a new rule altering the long-standing “fiduciary standard”. Controversial and contested from its initial discussions in 2010, these new regulations have been framed as a way to help the middle-class avoid excessive fees and poor advice from financial professionals who do not already serve as a fiduciary. 

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