As you know, fiduciary responsibility under ERISA is very important to 401(k) plan sponsors. Fiduciaries have significant responsibilities and are subject to standards of conduct because they act on behalf of participants in a retirement plan and their beneficiaries. Ensuring that disclosures are adequate and that plan fees and expenses are reasonable are two aspects of these responsibilities.

Fiduciary responsibility under ERISA is very important to 401(k) plan sponsors. Fiduciaries have significant responsibilities and are subject to standards of conduct because they act on behalf of participants in a retirement plan and their beneficiaries. Confirming that fee disclosures are adequate and that plan fees and expenses are reasonable are two examples of these responsibilities.

This Webinar examines trends in retirement plans, including features and functions. It also covers fee disclosure requirements, including vendor-to-sponsor and participant fee disclosures and ends with a question-and-answer period.

Merger and acquisition ("M&A") transactions can raise a series of important considerations that significantly impact business owners. When is the right time for an M&A transaction? What steps are required? When selling a company, how can business owners achieve liquidity and maximize value while still looking after the best interests of their company and its employees, customers, and vendors?

With roots that go back to the first bank charter in Wilmington, Delaware in 1795, PNC Delaware Trust Company has grown by providing customized strategies for personal and business asset protection and innovative wealth planning approaches.  

A limited purpose trust company established under the laws of Delaware, PNC Delaware Trust Company provides a number of benefits unique to Delaware.

Whether you have an ownership stake in a privately-held mid-size company or you are an executive in a large, publicly traded corporation, it’s likely that you are spending more and more time addressing the current economic uncertainty and exceptionally volatile markets.  That leaves less and less time to devote to your personal financial planning.

Americans’ confidence in their ability to afford a comfortable retirement has plunged to a record low. 401K and other retirement plan participants are looking for online solutions to get their retirement savings back on track. Plan sponsors should be aware that professional participant advice and professional management can help.

While it's true that the recession has affected 401(k) plans, they can still be a viable retirement program if plan participants have access to the information they need. Bonnie Fawcett, PNC's Director of the 401(k) Bundled Plan program, offers employers some suggestions on how to engage their employees.

The concept of retirement can seem daunting even in the best of times. Given the current economic turmoil, you may be questioning your ability to retire as planned and wondering if you'll be able to support the lifestyle you've imagined. Responses to PNC's fifth annual Wealth & Values Survey indicate that you're not alone. Tom Crowley of PNC Wealth Management highlights a few of the more surprising survey results and offers some tips on how you can start to plan for retirement.

Results of PNC Wealth Management’s fourth annual Wealth and Values Survey showed that while 77% of business owners say that they have wills, only 33% indicated they had a business succession plan. The impact of not having a business succession plan could be disastrous to a business owner’s family and to the operation of the business.

In response to recent market turmoil, many companies are concerned about their short term cash position and are taking a closer look at their investments.  If you haven't reviewed the risk/return relationships of your investments, you may want to do so now. View the video to review best practices in short term cash investing and some specific action steps that you can take immediately.