A recent article from CFO Magazine discusses what companies are doing to help employees avoid bad investment decisions, including the most common poor strategy, which is doing nothing to manage their investments.  More than half of companies are now offering access to online investment guidance.  Read details in the full article here:

http://cfo.com/article.cfm/14485672/c_14485781?f=SalmonSimsThomas&Associates

From the Wall Street Journal blog, Financial Advisor:  A story about who inherits 401(k) funds when the beneficiary turns out to be responsible for the death of the plan participant.  Differences in state law and IRS regulations create an interesting set of factors in these cases, creating new opportunities for judges to weigh in and possibly create new case law.

http://blogs.wsj.com/financial-adviser/2010/05/03/a-case-of-murder-and-retirement-money/

By Michael Lawrance

The plan auditors own the audit work papers. However, if the auditors do not document the audit appropriately, then you, the plan sponsor, can be held liable. Read the rest of this entry »