Advisors Advantage - June 2015

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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In This Issue:

- For Retirement Plan Providers, It's All About Making A Connection

- DOL Comment Period Extended

- Supreme Trouble with Tibbles

- My Referrals Aren't For Sale And Neither Should Yours

- Sorry, Lois or How I Started My Law Firm from Nothing

- Dealing With A Probable Fiduciary Rule

- Excerpt from Supreme Trouble with Tibbles:

While the Supreme Court ruled in the monumental 401(k) case Tibble v. Edison that mostly dealt with statute of limitations issues, one could read something into it a little more.

Tibble was the case where the District Court held that a plan sponsor violated its duty of prudence as a plan fiduciary by not monitoring the plan's investments. While the Court held that a plan's selection of investments and failing to monitor is a continuing breach, what they said as part of their ruling should make any plan provider or plan sponsor to take pause...

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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