Nevin E. Adams J.D.

Yesterday was, of course, Father’s Day—but my dad’s decision to retire was driven more by time than timing.  Like many of his generation, once he got to 65, it was time to “retire.” He didn’t have a pension (fortunately for him, my mother did), though he had Social Security, and savings in a 403(b... READ MORE

While the past 18 months have often felt like we’re living through an episode of The Twilight Zone—never more so than to realize that this week marks the 20th anniversary of the September 11 attacks.  It’s hard to believe that there are today people in college—and in the workforce –that weren’t... READ MORE

They say that the third time’s a charm—and our third Fireside Chat is sure to be! Join us today (April 22) at 5:30 p.m. ET where we’ll (that’ll be all of you and me, Nevin Adams) catch up with Bonnie Treichel, and get the inside scoop on one of the hottest trends around—ESG—and an exciting new... READ MORE

An employer, its two plans, and the plan trustee have—together—filed suit against Matrix Trust, alleging that it not only failed to disclose certain fees, but that the custodian held on to them. The class action suit was filed by MBA Engineering, Inc., as Sponsor and Administrator of the MBA... READ MORE

The nation’s largest recordkeeper has come to terms with participants in its own 401(k) regarding allegations of excessive recordkeeping fees, along with some changes in practices.   The Case   The original suit was filed in October 2018 by plaintiffs Kevin Moitoso, Tim Lewis and Mary Lee... READ MORE

It seems trite, almost unnecessary, to comment that we are living in and through extraordinary times.    I’m a student of history, and I have often found comfort, if not guidance, from what has gone before. As often as not, however unique and extraordinary the times seem (or are portrayed in the... READ MORE

The Labor Department has finally unveiled its much anticipated fiduciary rule, though it’s a mixed bag and has a certain “back to the future” feel, along with some new implications for recordkeepers, Pooled Employer Plans and rollover advice.   Titled “Improving Investment Advice for Workers... READ MORE

There’s generally not much you can learn from litigation settlements—the parties mostly agree to disagree, and the issues raised remain largely unresolved. But there are exceptions.   When the parties to a potential settlement present it to the court for approval, they take pains to point out... READ MORE

This Father’s Day, I’ve been thinking about my dad, the life he led, the choices he made, and the legacy he left behind.   I’m not talking about money. In fact, I didn’t learn anything about finance from my dad—he avoided big purchases with the fervor of Ebenezer Scrooge, though he’d spend that... READ MORE