Retirement Plan Fees: 3 Major Universities Sued

Fulcrum Partners Executive Benefits News

M.I.T., N.Y.U. and Yale Are Sued Over Retirement Plan Fees An article, (“M.I.T., N.Y.U. and Yale Are Sued Over Retirement Plan Fees,”) published in the New York Times (August 9, 2016) stated that attorney Jerome J. Schlichter, representing employees of Yale, New York University, and Massachusetts Institute of Technology, has filed a lawsuit against the respective universities. The complaint alleges that the universities, as Plan Sponsors …

Retirement Security US Rank Fulcrum Partners LLC

Retirement Security: U.S. Not Even in Top 10

Fulcrum Partners Executive Benefits News

According to a Business Wire media release published July 19, 2016, titled, “United States Ranks 14th in retirement security in 2016 Natixis Global Retirement Index,” the United States failed to be ranked even among the top 10 countries for best practices in retirement policy. The research, which is part of the 2016 Global Retirement Index, and was released by Natixis Global Asset …

Employee benefits report Fulcrum Partners LLC

Survey on Employee Benefits Shows Changes and Consistencies Over the Years

Fulcrum Partners Executive Benefits News

Survey on Employee Benefits Shows Changes and Consistencies Over the Years The Society for Human Resource Management (SHRM) has published an annual employee benefits survey for twenty years. In 1996, the survey reported on 60 employee benefits. This year, 344 employer provided benefits to employees were included in the report, thirteen of which are new items. Click here to read …

U S Treasury and deferred compensation plans

Flexibility Offered for Deferred Compensation Plans of Tax-Exempt Organizations, Government Agencies

Fulcrum Partners Executive Benefits News

Flexibility Offered for Deferred Compensation Plans of Tax-Exempt Organizations, Government Agencies The article posted below was published by JD Supra Business Advisor, and authored by Brian Pinheiro and Diane Thompson of Ballard Spahr LLP. Originally released June 23, 2016, the article looks at two sets of proposed regulations under Sections 457 and 409A of the Internal Revenue Code. The U.S. Treasury Department has issued the proposed regulations, relating to deferred compensation plans of state …

Kivu Hills Academy completes its first term with support from Fulcrum Partners Team

Fulcrum Partners Team Inspired as Kivu Hills Academy First Term Completed

Fulcrum Partners Fulcrum Partners News, Philanthropy

Fulcrum Partners Team Inspired as Kivu Hills Academy First Term Completed The team at Fulcrum Partners has been part of the journey to build and launch the first vocational high school in Boneza, Rwanda for more than two years. (See: Fulcrum Partners Supports Valmark Global Gift Fund and Completing Phase I of Construction at Kivu Hills Academy). We celebrate with the Arise …

Investment brokers to pay pro athetes arbitration settlement

Investment Brokers to Pay Two Pro Athletes in Arbitration Award

Fulcrum Partners Fulcrum Partners News

Investment Brokers to Pay Two Pro Athletes in Arbitration Award In an update shared by InvestmentNews.com, BusinessInsider.com, and others, two pro athletes have won an $819,000 arbitration award against Morgan Stanley Smith Barney investment brokers. The athletes are Keyon Dooling, a former NBA player and John St. Clair, a former NFL player. InvestmentNews.com wrote: The Financial Industry Regulatory Authority announced on Tuesday that Morgan …

No Executive Pay Plan, No Golden Parachute

CEO Tears Up His Own Executive Contract

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CEO Tears Up Executive Contract Becomes At Will Employee In a move that has drawn both praise and criticism, American Airlines CEO Doug Parker is becoming an ‘at will’ employee, tearing up his own executive contract. The move, documented by the Securities and Exchange Commission (click to view regulatory filing), means that Parker is no longer guaranteed a set level of compensation and …

Interest Rates: Money Magazine Warns Rising CPI Could Pave the Way for Fed Hike

Fulcrum Partners Executive Benefits News, Fulcrum Partners News

Interest Rates: Money Magazine Warns Rising CPI Could Pave the Way for Fed Hike Many financial forecasters believe that an increase in interest rates in 2016 is inevitable. With the price of gasoline now creeping up again and rents continuing to rise,  in April, U.S. consumer prices recorded the biggest increase in more than three years. An online update titled, “Gas and Rent …