Compliance

Senator Elizabeth Warren has already made a name for herself as a harsh opponent of Wall Street, but a report issued today on collusion between the annuity and...

Following on $30 million in enforcement actions announced in July, FINRA says it’s going after five more advisory firms accused of overcharging charities and retirement accounts. 

A complaint filed by state securities regulators in Massachusetts accuses Fidelity of allowing unregistered individuals to utilize its platforms and perform inappropriate functions.

The increase in the single-employer rate was provided in The Bipartisan Budget Act of 2013.

A construction company ceased operations in 2013 and has not paid 401(k) participants their plan assets, according to a lawsuit.

James E. Turpin, with The Turpin Consulting Group, has one concern with the submitted document he’s seen.

While introducing new guidance, Labor Secretary Thomas Perez told reporters ESG-based investing no longer has “the cooties” from an ERISA perspective. 

The IRS announced it will not adjust most current contribution limitations for qualified retirement plans heading into tax year 2016, though some retirement-related tax breaks and other items...

The agency is looking for ways to simplify DB plan calculations.

Phyllis Borzi revealed some of the thoughts behind certain DOL initiatives, and asked for help from the industry.

Speaking at a Brookings Institution public meeting, U.S. Secretary of Labor Thomas Perez said he is “confident we will be making changes to improve and clarify our proposal.”

There was no increase in inflation in the third quarter, so under current law, there will be no increase in Social Security payments.

The SEC approved a proposal from FINRA to amend FINRA Rule 2210, such that a hyperlink to FINRA BrokerCheck must be prominently displayed on all brokers’ websites. 

A court found purposeful miscommunications led participant to expect a different benefit than they were accruing.

A lawsuit filed by two participants in an Allianz retirement plan claims the company and its asset management partners, including PIMCO, misused employees’ 401(k) plan assets for their...

In a letter to the DOL, members of Congress ask that changes made to the proposed fiduciary rule be submitted for review to the public before sending to...

Society of Actuaries says the update will ensure pension plan actuaries have the most up-to-date information available.

The Employee Plans unit will be issuing more compliance checks and reviewing submissions for pre-approved plan documents.

The bank, which pled guilty to criminal charges last year, applied for an exemption that would enable it to keep its status as a qualified professional asset manager.

April 30, 2016, is the deadline for employers using pre-approved retirement plan documents to sign an updated version of their 401(k), profit-sharing or other defined contribution retirement plans.