Retirement

A district court found that a claim seeking restitution to the plan for losses incurred as a result of a breach of a fiduciary duty under ERISA has the right to a jury trial. This will be an important issue to follow as the creation of a right to a jury trial could fundamentally alter the nature of ERISA litigation.

3 reasons why employers and employees will avert the crisis

Brings total under management to approximately $52 billion.

The Department of Labor is pushing back its timeframe for releasing a highly anticipated proposal for expanding fiduciary responsibilities for advisers who work with retirement plans.

Survey shows changes continued within the past year.

U.S. stocks rose, with the Dow Jones Industrial Average capping its best week since January, as disappointing economic data fueled bets that any Federal Reserve stimulus cuts this month would be moderate.

Not all plan sponsor responsibilities can be delegated away.

The California Public Employees’ Retirement System, the largest U.S. pension fund, invested in a new-home community two years after it reduced its involvement in similar projects following losses in the housing bust.

Funds designed to appeal to do-it-for-me investors.

The pension fund has shifted its focus to income-producing properties.