WSJ Headline: Participants Can Sue

Welcome to the new world of 401(k) liability:

Participants can sue for individual losses
Enable liability safe harbors
The door is now open for individual suits, make sure your responsibilities demonstrate a documented decision process

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Grand Rapids Firm Earns CEFEX Fiduciary Certification

Actium LLC, provider and creator of BeManaged, earned the company certification as a Fiduciary Advisor (PPA), for its role in providing 401(k) participant advice. Actium LLC is the 13th organization in the world to earn a CEFEX (Centre for Fiduciary Excellence), and the 1st in the nation to be certified as a Fiduciary Adviser (PPA).…

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