SCOTUS 9-0 ERISA decision – confirms my view on Annuities as Prohibited Transactions By Chris Tobe, CFA, CAIA The Supreme Court ruled unanimously in favor of 401(k) Transparency, while also placing the burden of proof on plan sponsors alleging that they are protected under an exception to the Prohibited Transaction rules.  This rule facilitates forcing … Continue reading SCOTUS’ 9-0 ERISA decision in Cunningham v. Cornell University case– confirms my view on Annuities as Prohibited Transactions