Retirement Plan Services

Retirement Plan Tips: Why You Hiring an Independent Fiduciary Is Good for Your Business

by Daniel Halle, Regional Director of P&A Group Retirement Plan Services As a plan sponsor and fiduciary to your company’s retirement plan, you have certain responsibilities to ensure optimal investments, reasonable fees, and informed participants but, unless you are an expert in plan design, investments and administration, you may be swimming upstream in choppy water.… Continue reading Retirement Plan Tips: Why You Hiring an Independent Fiduciary Is Good for Your Business

P&A ERISA Corner, P&A Group, Retirement Plan Services

DOL will not pursue claims against Fiduciaries During Phased Implementation Period Ending on January 1, 2018

On May 22, 2017 the DOL published Field Assistance Bulletin No. 2017-02 which announced a temporary enforcement policy related to the Department of Labor’s final rule defining who is a “fiduciary” under ERISA and the related prohibited transaction exemptions (PTEs). The final rule, entitled “Definition of the Term ‘Fiduciary’; Conflict of Interest Rule -- Retirement… Continue reading DOL will not pursue claims against Fiduciaries During Phased Implementation Period Ending on January 1, 2018

Retirement Plan Services

What Business Owners Don’t Know Can Hurt Them – Know Your Fiduciary Responsibility

by Daniel Halle, Regional Director of Retirement Plan Sales Does your company offer a qualified retirement plan?  Are you a business owner or trustee of your retirement plan? Did you know as a retirement plan sponsor or plan trustee, you have a legal and fiduciary responsibility for the decision making for your retirement plan? Most… Continue reading What Business Owners Don’t Know Can Hurt Them – Know Your Fiduciary Responsibility