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Articles by Patty Kujawa

Labor Department Weighs New Definition of Fiduciary

March 31, 2011
For the first time in 35 years, Labor Department officials are exploring whether they should change the definition of ‘fiduciary’. The agency wants to make the change so it can better protect the rights of participants, but the benefits community doesn’t see it that way.
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Young Workers Craving Defined Benefit Plans

March 29, 2011
At a time when defined benefit or pension plans are growing scarcer, they have become a more potent recruiting and retention tool. Clearly, employees still value the security the retirement plans promise, based on the results of a recent Towers Watson & Co. survey.
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Wage and Hour Lawsuits Top Employer Litigation Concerns

March 14, 2011
Wage and hour lawsuits are by far the most common type of employment litigation. The number of these lawsuits far outpaces any other form of employment litigation and verdicts and settlements are steadily increasing. What are employers doing to address this situation and to limit their liability?
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Highlighting Employee Investment Gaps

December 9, 2010
Some employers are more proactively educating workers about insufficient contributions to their 401(k) plans, a trend that’s expected to persist into 2011. One company, after mailing nearly 17,000 personalized letters about current employee investing levels, tracked a 45 percent increase in contributions.
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