AALU Logo

AALU Response to the Regulation Best Interest Rule

Fulcrum Partners Executive Benefits News

Last week the Securities and Exchange Commission (SEC) passed the Regulation Best Interest Rule which the commission says, “will simplify consumer’s lives and tighten the standards governing brokers who sell investment products.” You can read the Commission’s final rule here: Regulation Best Interest The Broker-Dealer Standard of Conduct On June 5, the AALU (Association for Advanced Life Underwriting) issued the …

Plan Sponsor Decisions

Plan Sponsor Decisions: Because Life Really IS Like a Box of Chocolates

Fulcrum Partners Executive Benefits News

Deferred Compensation News is pleased to share these insights from our friends at Strategic Retirement Partners (SRP) Plan Sponsor Decisions: How Many Investment Options Should You Offer? Often a plan sponsor struggles with deciding how many investment options to offer in their retirement plans. While people generally like to have lots of options when making other decisions, having too many …

Equal Employment EEO-1 Reporting

Executive Compensation Professionals: Making Sense of EEO-1 Reporting Requirements

Fulcrum Partners Executive Benefits News

As Michael Melbinger, Partner Winston & Strawn, LLP, observes, “This (Equal Employment Opportunity EEO-1 reporting requirements) may be out of the wheelhouse for executive compensation professionals.” Here are Mike’s timely insights: Will Employers be Required to Submit EEO-1 Hours and Pay Data by September 30, 2019? You almost certainly have seen the headlines screaming: Employers Must Submit EEO-1 Hours and …

Good Reason Termination

Navigating the Issues of a Good Reason Termination

Fulcrum Partners Executive Benefits News

We focus so much on attracting and retaining key talent here, on Deferred Compensation News and Updates, that we rarely talk about issues of termination. Last month, Michael Melbinger Partner Chicago, Winston & Strawn, addressed this issue in a two-part blog post that examines the facts of Barney v. Zimmer Biomet Holdings, a case involving an executive’s efforts to exit …

SALT State and Local Taxes How Nonqualified Plans Can Help Protect Retirement Income

SALT State and Local Taxes: How Nonqualified Plans Can Help Protect Retirement Income

Fulcrum Partners Deferred Compensation News, Executive Benefits News

The tax overhaul signed into law in December 2017 (Tax Cuts and Jobs Act) set a $10,000 cap on state and local tax (SALT) deductions that can be taken from US federal income taxes. High-income earners who live in areas where state and local taxes are steep, such as California, New Jersey, New York and many other venues, are getting …

Security Tips for Plan Sponsors

6 Security Tips for Plan Sponsors to Help Participants Avoid Fraud

Fulcrum Partners Deferred Compensation News, Executive Benefits News

Strategic Retirement Partners (SRP) share the following helpful tips for plan sponsors who seek to do all that they can to keep plan participant accounts secure and fraud-free. Six Easy Steps to Keep Your Plan Assets Safe Cyber fraud is a growing concern globally. Individuals are typically very careful to keep their bank account and email authentication information safe, but …

What the Sale of Great-West Life Signals for the Future of Institutional Life Insurance

What the Sale of Great-West Life Signals for the Future of Institutional Life Insurance

Fulcrum Partners Executive Benefits News

Among the solutions Fulcrum Partners offers organizations for informally funding nonqualified retirement plans is the design of institutionally priced corporate owned life insurance (COLI) and bank owned life insurance (BOLI). Although a high percentage of Fortune 500 companies rely on COLI or BOLI products to tax-efficiently fund liabilities, there are a limited number of large, established insurers in the business …

Executive Benefit Benchmarking and Strategic Planning

Why Does Executive Benefit Benchmarking and Strategic Planning Matter So Very Much?

Fulcrum Partners Executive Benefits News

On the surface, two plans may appear equal. Yet, when skillful executive benefits professionals analyze the plans, disparities become glaringly obvious. Cost to the company, reward to the executive, flexibility of benefits, and tax ramifications can vary drastically. Plan sponsors typically work diligently to decrease the costs of qualified retirement plans, healthcare plans, and other welfare benefit offerings. But do …

Follow-up Insights: Final Rules for Disclosure of Hedging Policies (Dodd-Frank)

Follow-up Insights: Final Rules for Disclosure of Hedging Policies (Dodd-Frank)

Fulcrum Partners Executive Benefits News

Following up on the post from Tuesday, Final Rules for Disclosure of Hedging Policies (Dodd-Frank), Mike Melbinger, Partner, Winston & Strawn,  shares these additional insights on the Securities and Exchange Commission’s (SEC) final ruling regarding the Dodd-Frank Act Section 955.   Details on the SEC’s Final Rules on Hedging Policies (originally published Jan 7, 2019)   As I blogged at …