Scanning internet news headlines on any given day will quickly confirm we live in litigious times ... especially when it comes to money and investing. Currently, higher education is being roiled by class-action lawsuits filed against high-profile institutions, including MIT, Yale and New York University, over management of their retirement plans.
As the lawyers are deployed and the billable hours...
The relationship between employer and employee has changed significantly over the past 40 years. One of the greatest changes in this relationship is in the nature of employee retirement.
While pension reform at public and private colleges has helped ensure institutional financial viability, retirement security for employees has declined. With the redirection of retirement plans from defined ben...