That’s Declan Patrick MacManus pictured above, but we know him by his stage name Elvis Costello, the English singer-songwriter of Irish heritage. The picture is actually the cover art for Watching the Detectives, the 1977 single by Elvis Costello and his backing band, the Attractions, which gave him his first UK hit single. It’s my … Continue Reading
Each week Nevin E. Adams, JD, PLANADVISER Editor-in-Chief writes a column called IMHO (In My Humble Opinion), and he’s always a good read. He’s just published a two-part series that’s an excellent, common sense approach for fiduciaries that’s definitely worth keeping handy. It’s called “To Do” List: 10 Things You’re (Probably) Doing Wrong—or Not Doing … Continue Reading
That’s Les Stroud pictured above whose TV show, Survivorman, is one of my favorites. One of my other favorites is Bear Gyylls show, Man Versus Wild. Both are survival experts who go toe-to-toe with some of the harshest environments on the planet and come through alive. So if you’ll grant me some editorial license, Les’s picture is the visual metaphor I’m … Continue Reading
I’ve got that queasy feeling again in my stomach. The recent collapse of Bear Stearns gave me flashbacks to the 1990s during which we struggled with insolvency issues affecting ERISA plans. If you were around back then, you’ll remember the insurance companies that failed or were seized by insurance regulators as a result of failed … Continue Reading
While my main focus is qualified retirement plans, I try and stay up to date on what is happening in the world of welfare benefits, i.e., health plans, etc. After all, both types of benefit plans are subject to ERISA’s reporting, disclosure, and fiduciary rules. And both types, of course, are regulated in these areas … Continue Reading
Most of the retirement plan coverage in the mass media is about bad things happening to employees or some aspect of the Pension Protection Act of 2006. So it’s always good when a writer points out to plan sponsors that they have certain obligations in managing their retirement plans and the problems to avoid. Marc … Continue Reading
