The Four Pillars of Retirement Plans: The Fiduciary Guide to Participant Directed Retirement Plans - Couverture rigide

Loeper, David B.

Couverture rigide

ISBN 10 : 0470449993 ISBN 13 : 9780470449998

Editeur : John Wiley & Sons, 2009

Synopsis

Book by Loeper David B

A propos du livre

Présentation de l'éditeur :

A complete guide to the complex world of participant–directed retirement plans The landscape over the last thirty years in corporate (401(k), profit sharing, etc.), government (457 plans), and nonprofit retirement plans (403(b)) has shifted toward participant–directed funding and investment selection. This shift culminated in the Supreme Court′s recent ruling allowing plan participants to sue fiduciaries. In the landmark case (LaRue v. DeWolff, Boberg & Associates, Inc.), the Court ruled on the ability for an individual participant to sue retirement plan fiduciaries. The Four Pillars of Retirement Plans addresses this important issue and prepares readers for the mountain of lawsuits that will arise from the ruling. It covers what attorneys need to know to win these suits, and what financial advisors, trustees, employers, and fiduciaries of 401(k) and other retirement plans need to do to avoid liability from these suits. The Four Pillars of Retirement Plans focuses on the key areas where past guidelines need to change in an environment where participant direction dominates, and new liability for each participant′s individual plan balance has suddenly become a potential responsibility to fiduciaries. This timely book will be a valuable resource for financial advisors, attorneys, and other fiduciaries that now face potential lawsuits from their plan participants. David Loeper (Richmond, VA) is the CEO of Financeware, Inc. Prior to founding Financeware in 1999, Loeper was managing director of strategic planning for the retail brokerage division of Wheat First Union and served on the Investment Advisory Committee of the nearly $30 billion Virginia Retirement System. He is also the author of Stop the 401(k) Rip–off (978–1–934454–10–7).

Quatrième de couverture :

Praise for The Four Pillars of Retirement Plans "This up–to–the–minute book shows how the Supreme Court′s recent LaRue decision has reshaped the world of retirement plans. Rules governing fiduciaries of defined benefit plans may no longer protect fiduciaries of defined contribution plans and may actually harm them. The Four Pillars of Retirement Plans is indispensable for plan sponsors and other fiduciaries, and for all those advising them, including investment advisors and attorneys." — W. Scott Simon, JD, CFP, AIFA , author of The Prudent Investor Act: A Guide to Understanding and Morningstar "Fiduciary Focus" columnist "This book is a must–read for all plan sponsors, financial advisors, and ERISA attorneys if they have any hope of defending themselves from the mountain of litigation looming on the horizon for all participant–directed retirement plans and provides a road map to easily modify antiquated procedures born in the defined benefit era that contradict today′s participant–directed retirement plans. Plaintiff′s counsel is sure to have read this book; if you don′t, you will be defenseless in these suits." — Edward Siedle, Esq. , "The Pension Detective" and President of Benchmark Financial Services, Inc. "If you are a trustee, plan sponsor, or financial advisor serious about the retirement plan marketplace, you MUST read this book, or you will be ill–equipped to deal with the fiduciary meltdown non–readers will be facing." — John Lohr , ERISA attorney and author

À propos de cette édition

• Éditeur: John Wiley & Sons
• Date d'édition: 2009
• ISBN 10: 0470449993
• ISBN 13: 9780470449998
• Reliure: Relié
• Nombre de pages: 244