Michael Cohen and Vanja Baros were “masterminds” behind the hedge fund’s alleged corruption, the SEC claimed.

The insolvent $85 million pension fund is the first multiemployer plan to reduce benefits for current retirees.

DC plan sponsors are increasing in recordkeeper search activity, moving to institutional fund structures, de-emphasizing revenue sharing, and adopting fee policy statements, according to a survey.

Review of opportunities across an array of alternative investment strategies that work as tools for a diversified portfolio.