Tag: Fiduciary Governance

What Type of Risk
Might your Plan be Facing?

In January 2022, SCOTUS unanimously decided an ERISA fiduciary duty case, Hughes v. Northwestern University.  The ruling confirmed that establishing and offering a broad range of investment options for a participant-directed retirement plan does not ensure that a plan fiduciary has met its duty of prudence under the Employer Retirement Income Security Act of 1974 (“ERISA”).  The Supreme Court’s decision will likely allow for the continued high volume of lawsuits against 401(k) and 403(b) plans alleging excessive investment and record keeping fees.¹

A 401(k) advisor should help employers design, develop and maintain the fiduciary policies that evaluate, monitor and document all aspects of the Plan.  A 401(k) advisor should also provide a financial wellness program that fully educates employees.

PensionmarkMeridien is a full-service retirement plan advisor.  We can help; improve participant outcomes, navigate change and reduced plan sponsor workloads. We provide fiduciary governance, education, relationship management and all the support your plan needs.

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Citations:
1. https://www.jdsupra.com/legalnews/in-which-direction-does-hughes-v-2763426/

 Pensionmark® Financial Group, LLC (“Pensionmark”) is an investment adviser registered under the Investment Advisers Act of 1940. Pensionmark® is affiliated through common ownership with Pensionmark Securities, LLC (member SIPC).

Who’s right, who’s wrong?

We can help reduce plan sponsor workloads and improve participant outcomes. We provide advice regarding fiduciary governance, education, relationship management and all the support your plan needs.

Constantly changing regulations and needs on 401(k) plans can leave you feeling down and out.  Your advisor should be proactive, responsive, and doing much more than just selecting an investment line-up.

Advisors should reach out often, if your current advisor isn’t pulling out all the stops for you, it’s time to contact us and get everything you deserve.

Click here to learn more

 Pensionmark® Financial Group, LLC (“Pensionmark”) is an investment adviser registered under the Investment Advisers Act of 1940. Pensionmark® is affiliated through common ownership with Pensionmark Securities, LLC (member SIPC).

Who is on the sidelines for you during the game?

When your team is charging down the field towards a retirement touchdown, you’ll want someone who’s not just cheering you on but able to assist with questions, concerns and participant education.

PensionmarkMeridien is a full-service Retirement Plan Advisor that can help provide advice with respect to fiduciary governance, education, relationship management and all the support your plan needs.

Constantly changing regulations and needs on 401(k) plans means your advisor should be doing more than just selecting an investment line-up.

If you feel your advisor isn’t leading your team to a touchdown, please, contact us. 

Click here to learn more

 Pensionmark® Financial Group, LLC (“Pensionmark”) is an investment adviser registered under the Investment Advisers Act of 1940. Pensionmark® is affiliated through common ownership with Pensionmark Securities, LLC (member SIPC).

Is that what your current Retirement Plan Advisor does too?

PensionmarkMeridien is a Full-Service Retirement Plan Advisor
without a shadow of a doubt

We can help; reduce plan sponsor workloads and improve participant outcomes. We uniquely provide advice with respect to fiduciary governance, education, relationship management and all the support your plan needs.

Constantly changing regulations and needs on 401(k) plans means your advisor should be doing much more than just selecting an investment line-up.

Advisors should reach out often about the design and development of the fiduciary policies, analyzing all aspects of the plan and providing a complete employee education plan.  If you feel your current needs aren’t being met, please, contact us. 

Don’t panic! While it may be Groundhog’s day again and again you can change your Retirement Plan by calling us now. 

Click here to learn more

 Pensionmark® Financial Group, LLC (“Pensionmark”) is an investment adviser registered under the Investment Advisers Act of 1940. Pensionmark® is affiliated through common ownership with Pensionmark Securities, LLC (member SIPC).

PensionmarkMeridien is a Full-service Retirement Plan Advisor

without a shadow of a doubt

We can help; reduce plan sponsor workloads and improve participant outcomes. We uniquely provide advice with respect to fiduciary governance, education, relationship management and all the support your plan needs.

Constantly changing regulations and needs on 401(k) plans means your advisor should be doing much more than just selecting an investment line-up.

Advisors should reach out often about the design and development of the fiduciary policies, analyzing all aspects of the plan and providing a complete employee education plan.  If you feel your current needs aren’t being met, please, contact us. 

Don’t panic! While it may be Groundhog’s day again and again you can change your Retirement Plan by calling us now. 

Click here to learn more

Pensionmark^® Financial Group, LLC (“Pensionmark”) is an investment adviser registered under the Investment Advisers Act of 1940. Pensionmark^® is affiliated through common ownership with Pensionmark Securities, LLC (member SIPC).