Bradford "SCOOTER" Campbell - Western Pension & Benefits Council 2022 Spring Conference

Thursday, May 12, 2022 · 55:58

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Live from Phoenix at the WP&BC 2022 Spring Conference!

HEADLINES: https://www.asppa.org/news/employers-and-calsavers—how-are-they-responding
Employers and CalSavers—How Are They Responding?

CalSavers, the program in the Golden State that provides retirement plan coverage for those whose employers do not, has been in operation for three years now. Employers have a key role in how the program works; how are they responding? CalSavers was launched in 2019, and the first of three waves of employers had to register by Sept. 30, 2020. The groups of employers and the dates by which they ...


https://www.faegredrinker.com/en/about/news/2022/4/brad-campbell-receives-inaugural-planadviser-vision-award
Brad Campbell Receives Inaugural PLANADVISER Vision Award

PLANADVISER Magazine has recognized benefits and executive compensation partner Brad Campbell as a recipient of their inaugural PLANADVISER Vision Awards. The Vision Awards aim to celebrate industry leaders who have propelled positive change and contributed to positive retirement outcomes for the U.S. workforce.


https://www.napa-net.org/news-info/daily-news/401k-excessive-fee-suit-tossed
401(k) Excessive Fee Suit Tossed | National Association of Plan Advisors
A 401(k) excessive fee case was dismissed for failing to make a case sufficient to go to trial—but given a chance to remedy that situation. Here plaintiff Lauren Cunningham alleged that the USI Insurance Services defendants failed to prudently and loyally monitor the plan’s RPS expenses, “instead allowing the Plan to pay USICG nearly three times what a prudent and loyal fiduciary would ...

https://www.plansponsor.com/in-depth/defense-attorneys-can-put-fight-excessive-fee-lawsuits/
Defense Attorneys Can Put Up a Fight in Excessive Fee Lawsuits
The majority of retirement plan excessive fee lawsuits not only include claims of excessive investment management fees, but also allege that plan recordkeeping and administrative fees are too high.. Many plan sponsors have been pressured to settle these lawsuits to avoid costly litigation expenses. Euclid Fiduciary, a fiduciary liability insurance underwriting company for employee benefit ...