Compliance

The conditions are part of a lawsuit settlement with the DOL.

Although the consultant is not named as a defendant in the suit, a former pension plan participant argues she was a fiduciary of the plan, rendering the named...

Corporate class action litigation often comes in waves—certainly this is the case in the retirement planning industry, which has seen a rash of “self-dealing” lawsuits filed against service...

A second stock drop case has emerged in just the last week targeting a Target Corporation ESOP retirement plan. 

As investment adviser to the Checksmart 401(k) plan, Cetera Advisor Networks, has been accused of breaching fiduciary duties by only making available high cost funds to the plan.

Terms of Conco Inc.'s reorganization plan do not allow ESOP participants to sell shares to a third party, a court found.

The agency defends its authority to issue a new rule and to extend provisions of the rule to IRAs.

The bill would move PBGC premiums 'off budget.'

An appellate court has partly reversed the dismissal of claims against Berkshire Hathaway retirement plan fiduciaries accused of violating ERISA benefit cutback provisions. 

The plan would mandate employer contributions and automatically enroll employees into retirement accounts.

Recognizing the new pleading standards set forth in Fifth Third v. Dudenhoeffer, the lawsuit suggests alternative actions plan fiduciaries could have taken rather than continuing to allow investments...

Float income are not retirement plan plan assets, a federal appellate court ruled.

The upcoming webcast will detail major changes to the IRS determination letter and remedial plan amendment programs being implemented January 1. 

The IRS is asking DB plan sponsors to identify whether their plan has lump-sum risk transfer language.

The agency has announced three locations at which it will host its seminar.

The IRS, EBSA and the PBGC want to simplify and improve the process of creating and submitting the Form 5500 for employers. 

The DOL published a pretty substantial list of technical corrections to the Best-Interest Contract Exemption—including mostly minor clarifications but also a few potentially substantial adjustments. 

After 16 years, a court has consolidated and moved forward ERISA claims of agents who had their employment status changed by Allstate.

A district court found the plaintiff did not meet pleading standards set forth in Fifth Third v. Dudenhoeffer.

After an initial “catch-up” adjustment, the DOL will adjust civil monetary penalties annually for inflation.