Season 5 Episode 5: Nevin & Fred – (Still) Live from Las Vegas – Part 2

Season 5 Episode 5

Nevin (Adams) & Fred (Reish) brought their prolific, pugnacious, and provocative perspectives in a live podcast format to the record-breaking NAPA 401(k) Summit.

In part 1 the precocious podcasting pair talked about a number of lessons to be learned from recent litigation, including:

  • Who bears the burden of proof in ERISA litigation—according to the United States Supreme Court (bad policy, but “good” law?)
  • A rare jury trial—and a BIG settlement.  Why they’re rare (but may become more common).  Oh, and it involved a multiple employer plan (MEP).
  • Fred clarifies his prediction on PEPs (but he’s still a fan).

In part 2, the pugnacious pair presciently pontificated on:

  • What to make/do about the recent surge in litigation regarding plan forfeitures
  • What to consider in light of recent developments regarding private investments in defined contribution plans
  • The implications of/for proxy voting by defined contribution plans in the aftermath of recent litigation regarding American Airlines.

Episode Resources

Forfeitures

Forfeiture Litigation Update

Impact of Forfeiture Lawsuits on Plan Sponsors

Alternative/Private Investment Trends

The Growing Case for Alternatives in Retirement Saving: NAPA 401(k) Summit

How Advisors REALLY Feel About Private Markets Investments in 401(k)s

Proxy Voting

How Fiduciaries Can/Should Fulfill Proxy Voting Responsibilities: Hauser

Trump-led DOL to Address ESG Rule Through Rulemaking Process

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