Topic
Target Date Funds
16 published works
Hall Benefits Law Blog
Attorneys’ Fees Request Comes in at $23 Million in UnitedHealth’s Historic $69 Million Settlement of 401(k) Suit
By Anne Hall
As part of UnitedHealth Group’s massive $69 million settlement over poorly performing target date funds in its 401(k) plan, the attorneys who filed the class action lawsuit have requested the…
Compensation & Benefits Blog
District Court Breaks Trend and Allows Claims Challenging Prudence of BlackRock LifePath Index Target Date Funds to Proceed
By Russell Hirschhorn, Daniel Wesson
We have previously blogged on the flurry of class action lawsuits challenging 401(k) plan investments in the BlackRock LifePath Index Target Date Funds. District courts around the country—seven of them…
Compensation & Benefits Blog
Dismissal Streak Continues in BlackRock Target Date Fund Litigation
By Joseph Clark, Myron Rumeld, Daniel Wesson
A third district court has dismissed with prejudice a complaint alleging that defendants breached their fiduciary duties under ERISA by offering 401(k) plan participants the option to invest in BlackRock…
Pensions and Benefits
Target Date Fund Performance Litigation – Advice for Plan Fiduciaries
By Gregory Viviani, Caitlin Steiner
In recent years, there have been more than 150 lawsuits alleging violations of ERISA[1] fiduciary obligations that are based on “excessive fees” being charged to participants in defined contribution retirement…
Cohen & Buckmann Insights
Hitting the Target-Evaluating Target Date Funds Is A Fiduciary Responsibility
Surveys show that the overwhelming majority of 401(k) plans offer target date funds as part of their investment lineup. Usually, target date funds are the plan’s designated qualified default investment…
Benefits Law Update
Target Date Funds: Are You Asking the Right Questions?
Eight years ago, the U.S. Department of Labor (“DOL”) issued “tips” for retirement plan fiduciaries to consider when selecting and monitoring target date retirement funds (“TDFs”). At the time, the…
Cohen & Buckmann Insights
Carol Buckmann Quoted in Forbes Article About Target Date Funds
Carol Buckmann, co-founding partner of Cohen & Buckmann, was quoted in a Forbes article titled, “Why Target-Date Funds Still Make Sense for Retirement Investors.” The article discusses why target date…
Cohen & Buckmann Insights
Are Your Target Date Funds a Prudent Investment? COVID-19 Puts a Spotlight on Fiduciary Choices
No one knows how long COVID-19 will impact the economy, but we can predict that lawsuits, including fiduciary breach lawsuits, will increase as a result of it. In the 2008…
Archer Employment Law
Retirement Plan Compliance When Investing In Target Date Funds
By callen
When: Monday, March 30, 2020 | 5:30 PM to 8:00 PM Where: Federated Investors , 101 Park Avenue, 41st Floor, New York, NY 10022 Speakers: José M. Jara, Esq., Partner,…
Boston ERISA & Insurance Litigation Blog
CapTrust and Target Date Funds
So, Kevin O’Keefe of LexBlog has long preached that the key to effective blogging and other social media professional marketing is to provide actual information that people can use, rather…