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Feds Will Audit—Shouldn’t You Do It First?

Yesterday’s Advisor covered Kurt Ronn’s tips for identifying potential discrimination in process. Today we’ll see his tips for evaluating execution and take a look at an audit program you can use to find such problems before the feds do. Even the best process, if poorly executed, will yield questionable results, says Ronn, president and founder […]

Target-date Funds’ Popularity Heightens Transparency’s Importance

Nearly every defined contribution plan sponsor now offers target-date funds in its participant investment menu, as these funds, often named for the year a participant expects to retire, eliminate the need for employees to construct their own investment portfolio. A recently released white paper about TDFs examines plan fiduciaries’ uncertainly regarding what TDFs should contain […]

Is Your Photocopier a Security Risk?

Your new copying machine may be keeping copies of records that have been scanned into the copier’s hard drive. You can’t access those records directly, but someone could remove the drive and copy your confidential records.

Labor Law Under Obama or Romney–Employers Brace for Post-Election Changes

Eye on the Election Here’s the first in our series of “Eye on the Election” posts which are focused on helping employers prepare for post-election changes, no matter who is elected. For today’s topic of likely labor law and NLRB actions after the election we turned to Patricia M. Trainor, J.D., SPHR, BLR’s Senior Managing […]

Hot List: New York Times Bestselling Hardcover Business Books

The following is a list of the bestselling hardcover business books as ranked by the New York Times on February 8. 1. Outliers: The Story of Success by Malcolm Gladwell. hy some people succeed — it has to do with luck and opportunities as well as talent — from the author of Blink: The Power […]

4 Ways To Curb Intermittent Leave Problems

The federal Family and Medical Leave Act (FMLA) and its California counterpart, the California Family Rights Act (CFRA), allow workers to take time off each year to care for their own or a family member’s serious health condition, or to bond with a new child. Employers have complained about certain aspects of the law for […]

Obama Issues Statement Lending Support to Paycheck Fairness Act

This morning, President Barack Obama issued a statement from the White House voicing his support for — and urging Congress to move forward on — the Paycheck Fairness Act (PFA). In the statement, the President referred to the bill as a “commonsense bill” that is one of the key recommendations of the Equal Pay Enforcement […]

USI Advisors to Pay $1.3 Million to 13 DB Plans Over Mutual Fund Fee Disclosure

A Connecticut-based fiduciary investment adviser agreed in a settlement to pay about $1.3 million to 13 pension plans to resolve alleged ERISA violations related to mutual fund fees the firm received. USI Advisors Inc. made investments in mutual funds on behalf of ERISA-covered defined benefit plan clients and received 12b-1 fees from those funds, according […]

Judge clears way for antiretaliation portion of new OSHA rule

The antiretaliation provisions of the Occupational Safety and Health Administration’s (OSHA) new electronic record-keeping rule are set to be implemented on December 1 after a Texas federal judge denied a request for a preliminary injunction on November 28. The eventual fate of the rule isn’t known since Judge Sam Lindsay of the U.S. District Court […]